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Elon Musk says Twitter 'not on the fast lane to bankruptcy anymore'

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The billionaire has not had an easy ride since taking control of the platform in October, but he says « overall, it seems to be going in a good direction ».
Elon Musk says Twitter is « not on the fast lane to bankruptcy anymore », but admits there is « still much work to do ».
Since he took control of the social networking platform in October, having paid $44bn (£38bn) for it, Musk has not had an easy ride.
He made a number of controversial policy decisions and lost many major advertisers as concern grew about the platform’s direction – and about its ability to pay interest on the $13bn (£10.8bn) debt he took on to buy it.
Last month, within two weeks of buying the company, he warned Twitter employees that the company may not « survive the upcoming economic downturn ».
In a podcast released over the weekend, he told All-In: « It has been quite a rollercoaster… It has its highs and lows, to say the least, but overall it seems to be going in a good direction.

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