Elon Musk Says Twitter ‘Trending to Breakeven' After Near Bankruptcy

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Elon Musk Says Twitter ‘Trending to Breakeven' After Near Bankruptcy
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Elon Musk tweeted Sunday that the last few months have been “extremely tough,” but that Twitter is “now trending to break even.”

Elon Musk tweeted Sunday that the last few months have been"extremely tough," but that Twitter is"now trending to breakeven."

Musk, who is also CEO of Tesla and SpaceX, said in a tweet that he has had to"save Twitter from bankruptcy" while also fulfilling his roles at his other companies. Since acquiring the company for $44 billion late last year, Musk has carried out a rocky takeover of the social media platform. Twitter CEO Elon Musk said Sunday that the last few months have been"extremely tough," but the social media company is"now trending to breakeven." CNBC was not able to independently verify this claim.

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