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The Markets
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Online business & e-commerce

Elon Musk: 'Twitter is roughly break-even'...and the rest of that BBC interview

Elon Musk, who bought Twitter last autumn for US$44bn, has engaged in a candid interview with the BBC's James Clayton, discussing various topics ranging from the challenges of owning Twitter to his habit of tweeting after 3.00am.

Key points from the interview included:

  • Musk admitted that he bought Twitter because he believed a judge would force him to complete the transaction, something he had not previously disclosed.
  • The billionaire confirmed that Twitter's label on the BBC would be changed to "publicly funded" after a recent dispute over the incorrect "government-funded" tag.
  • Musk mentioned working on clamping down on misinformation and addressing concerns about the rise of hate speech on the platform.
  • He revealed that Twitter is "roughly" breaking even, a claim that could not be immediately verified.
  • Musk called for the creation of an AI regulatory body to ensure AI does not pose a danger to the public.
  • During the interview, Musk also defended a man convicted of tricking people out of their vote in the 2016 US presidential election, calling the conviction "over the top."

The interview provided a rare glimpse into Musk's thoughts on various issues and his plans for Twitter.

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