Elon Musk on Buying Twitter: Tech Billionaire Says Acquiring Platform Was ‘Crazy Move’ and It Was ‘Way Overpriced’ During Joe Rogan Podcast

Elon Musk said that buying Twitter was a crazy move and back in 2022, the platform was way overpriced on Joe Rogan's podcast.

Elon Musk, Twitter Logo (Photo Credits: Wikimedia Commons)

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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