Elon Musk bought Twitter for over $44 billion in October. The entrepreneur is now warning of dire financial challenges facing the social media company as it hasn’t turned a profit for eight of the past ten years. WSJ’s Mark Maurer explains how the company is trying to fix its finances and avoid a potential bankruptcy amid thousands of layoffs and advertisers pausing their spending. Photo Illustration: Laura Kammermann 0:00 Twitter’s financial state 0:58 Why Twitter is losing money 2:12 How Twitter could make money News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #ElonMusk #Twitter #WSJ