Before acquiring the social media platform Twitter, Elon Musk had his hands full. Musk is the CEO of Tesla Inc TSLA and SpaceX and is also involved in several other companies that he co-founded neurolink and The boring company.
Here’s what Musk recently said about his new workload after the Twitter acquisition.
What happened: musk completed a $44 billion acquisition of Twitter and has appointed himself acting Chief Executive Officer.
Speech at the Ron Baron Conference, Musk divided that the acquisition had a major impact on his workload.
“My workload went from about 70 to 80 hours a week to probably 120,” Musk said.
Musk noted that his daily routine now consists of work and sleep.
“Go to sleep, I wake up, work, go to sleep, work, 7 days a week.”
Musk said he has no choice but to do so for a while until things are under control on Twitter.
“Once Twitter gets on the right track, I think it’ll be a lot easier to manage than SpaceX or Tesla.”
Musk said he really understands the internet and knows how to make it work.
Here’s what Musk has in store for the social media platform.
Related link: Elon Musk’s reasons for buying Twitter: “I didn’t do it to make money. I did it to try to help humanity
‘What’s next: Musk previously co-founded online bank X.com, which eventually became PayPal Stocks PYPL.
“I know how to make PayPal much better,” Musk said.
Musk said there’s a 22-year-old plan from the X.com and PayPal days to be executed that, surprisingly, has never been done before.
“It’s one of the reasons I think Twitter will ultimately be extremely valuable.”
Musk said he’s taking steps to make Twitter a positive place or people would leave the platform.
“How do we get 80% of Americans, 80% of the public, to join a digital marketplace?” Musk asked.
Musk said he’s confident the platform can satisfy 80% of the world with its renewed effort, something he said he would consider one of the…
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