Musk says owning Twitter 'painful' but needed to be done
Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year
By AP News
Published - Apr 12, 2023, 11:17 AM ET
Last Updated - Jun 22, 2023, 08:30 AM EDT
LONDON (AP) — Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late last year.
In an interview also streamed live late Tuesday on Twitter Spaces, Musk discussed his ownership of the online platform, including layoffs, misinformation and his work style.
“It’s not been boring. It’s quite a rollercoaster,” he told the U.K. broadcaster at Twitter's San Francisco headquarters.
It was a rare chance for a mainstream news outlet to interview Musk, who also owns Tesla and SpaceX. After buying Twitter for $44 billion last year, Musk's changes included eliminating the company's communiciations department.