Musk Says Twitter Could Be Cash Flow-Positive Next Quarter

Musk Says Twitter Could Be Cash Flow-Positive Next Quarter
Elon Musk's Twitter profile on a smartphone placed on printed Twitter logos on April 28, 2022. Dado Ruvic/Illustration/Reuters
Reuters
Updated:

Twitter Chief Executive Elon Musk said on Tuesday that the company had “a shot” at being cash flow-positive next quarter, as the social media platform has been aggressively cutting costs.

Musk, speaking at a Morgan Stanley investor conference that was webcast, said it was “startling” how poorly Twitter managed to make money off its messaging service.