Musk stated on Monday at the B20 Indonesia 2022 that he has been feeling overworked since taking over the social media platform.

"I'm working at the maximum amount I can work from morning to night, seven days a week. To be honest, that's not something I would recommend,"  he explained.

After assuming company control, he immediately fired Twitter's board of directors and thousands of employees. He's since begun implementing broad changes across the platform, including paid profile verification through Twitter Blue for $8 per month.

"I expect to decrease my time at Twitter and find someone else to run Twitter over time," he said during a Delaware trial, according to the Wall Street Journal, while testifying about his Tesla compensation package.

The billionaire also stated that Twitter's "fundamental restructuring" will be completed soon. His asserted goals are to help make the platform a safe haven for freedom of speech and open political debate while also ridding it of spam bots.

He also revealed on Monday that Twitter's daily active users had been steadily increasing since late September when the tech mogul agreed to purchase the company again.

Musk agreed with a Twitter user on Wednesday who said the platform was on the verge of bankruptcy before the new CEO started making company changes that are leading to sustainable profitability. 

Sam Bankman-Fried and Elon Musk

Several crypto community leaders approached Musk with suggestions for improving Twitter during his acquisition. Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, was one such leader.

During a half-hour conversation with the former billionaire this weekend, Musk expressed doubts about Bankman-true Fried's character.

"Everyone was talking about him like he's walking on water and has a ton of money... that wasn't my impression," he said. "He lacks capital and will not come through. That was my forecast."

Do you think Elon Musk will find someone to run Twitter? Drop your comments by sharing this article on social media.

Posted 
Nov 17, 2022
 in 
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