ICYMI: Later, with Mo’Kelly Presents: The billionaire paid $44 billion for the social media company in October, but it soon revealed that it was losing $4 million per day and was on the verge of bankruptcy.
Musk stated in a tweet on Sunday that the company's financial situation has improved.
“Last 3 months were extremely tough, as had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties,” he said.
“Wouldn’t wish that pain on anyone. Twitter still has challenges, but is now trending to break even if we keep at it. Public support is much appreciated!
“To be extra clear, Twitter is definitely not financially healthy yet, but is trending to be so. Lots of work still needed to get there.”
To listen to this AMAZING episode-