Elon Musk Expects Twitter to Be ‘Cash Flow Break-Even’ Next Year

Elon Musk Expects Twitter to Be ‘Cash Flow Break-Even’ Next Year
Elon Musk on a smartphone placed on printed Twitter logos in an illustration on April 28, 2022. Dado Ruvic/Reuters
Reuters
Updated:
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Elon Musk said Twitter Inc. is now on track to be “roughly cash flow break-even” next year, as the billionaire owner defended his deep cost-cutting measures at the social media platform.

Twitter was previously tracking toward a “negative cash flow situation of $3 billion per year” before the cost cuts, Musk said on Wednesday in a Twitter Spaces audio chat.