Elon Musk explained his move to buy Twitter (now called X) back in 2022. The tech billionaire said, "It's a crazy move, the thing was way overpriced." Musk bought the platform for USD 44 billion back in 2022 and also initiated massive restructuring by laying off 80% of its staff. He said the reason he acquired Twitter, "if I don't do this, I think we're screwed". Elon Musk said that in the long term, X could make a win for investors; however, he said, "boy, this is a hard way to make a living." Elon Musk’s USD 1 Million Giveaway Allowed To Continue As Judge Denies Philadelphia DA’s Request To Block It.

Elon Musk Said Twitter Was Way Overpriced When He Bought in 2022 on Joe Rogan Podcast

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