Twitter won't go bankrupt anytime soon, says Elon Musk

The billionaire first warned about the prospect of bankruptcy for Twitter just a few weeks after he took over the social media platform. — ReutersTwitter head Elon Musk has confirmed that the social media platform is no longer"in the fast lane to bankruptcy."

Musk said over the weekend on the All-In podcast that the company will not be filing for bankruptcy soon. Following the podcast, Musk tweeted saying that Twitter is not secure yet and there is still"much work to do." He added,"If you look at the actual amount of improvement that has happened at Twitter in terms of having costs that aren't insane and shipping product that, on balance, is good, I think that's great - We're executing well, and getting things done."

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