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Elon Musk says his last 3 months were 'extremely tough' because he had to 'save Twitter from bankruptcy'

Feb 6, 2023, 18:24 IST
Business Insider
Elon Musk acquired Twitter on October 27.Getty Images
  • Elon Musk said Sunday he'd had an "extremely tough" three months.
  • He said he'd had to "save Twitter from bankruptcy" while "fulfilling essential Tesla & SpaceX duties."
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Elon Musk has said he's had an "extremely tough" three months trying to juggle his duties at Twitter, Tesla, and SpaceX.

The billionaire tweeted Sunday that he'd had to "save Twitter from bankruptcy" while "fulfilling essential Tesla & SpaceX duties," adding: "Wouldn't wish that pain on anyone."

Musk completed his $44 billion acquisition of Twitter in October, having tried for months to back out of the deal. Since taking control of the company, he's laid off thousands of employees as he seeks to cut costs across the board.

Musk, who said previously that Twitter was losing more than $4 million a day, said Sunday the company was now "trending to breakeven if we keep at it." However, he added that Twitter was not "financially healthy yet."

Musk was responding to a report in The Wall Street Journal about the state of his health, his extreme workload, and the amount of sleep he gets.

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He said previously his workload increased from 80 hours per week to more than 120 hours per week after taking over Twitter. "Go to sleep, I wake up, work, go to sleep, work, do that seven days a week," he told billionaire investor Ron Baron in an interview in November 2022.

Employees have said Musk regularly sleeps in Twitter's San Francisco headquarters, where he's turned some office space into bedrooms for staff.

Musk has had issues with his back and neck. In 2020, he responded to a Twitter user who asked about a scar on his neck, saying he'd had two spinal cord surgeries.

Musk has promised to eventually bring in another executive to serve as Twitter CEO and has played down concerns about the time he has to work on his other businesses.

Representatives for Musk did not immediately respond to Insider's request for comment.

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