Musk Says Twitter Could be Cash Flow Positive Soon

Musk Says Twitter Could be Cash Flow Positive Soon

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

Elon Musk spoke at the Morgan Stanley Conference about Twitter's financial situation, revealing a $1.5 billion annual debt and a previous $3 billion cash burn. He highlighted efforts to reduce costs and achieve positive cash flow by the second quarter. Musk emphasized user engagement over traditional metrics, noting 130 million daily active users. He thanked advertisers like Disney and Apple for their support. Musk's motivation for acquiring Twitter was to protect freedom of speech, though he did not elaborate on valuation details.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What annual financial burden did Elon Musk confirm for Twitter at the conference?

$3 billion

$1.5 billion

$2 billion

$1 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Musk's primary motivation for purchasing Twitter, as mentioned in the conference?

To enhance advertising revenue

To protect freedom of speech

To increase user base

To compete with Facebook

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which metric does Musk suggest is more important than traditional social media metrics?

Number of tweets

Revenue per user

User hours

Monthly active users

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies did Musk specifically thank for their continued support of Twitter?

Netflix and Spotify

Disney and Apple

Microsoft and IBM

Google and Amazon

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many daily users does Musk claim Twitter has?

130 million

200 million

100 million

150 million