Twitter CEO Elon Musk said in an interview that aired Monday that it’s still to be determined whether his acquisition of the social media company last year was “financially smart” given its subsequent drop in value, but maintained that “some things are priceless.”Speaking to Fox News host Tucker Carlson, who heralded the SpaceX founder’s $44 billion purchase of Twitter last October as a win for free speech, Musk acknowledged his recent $20 billion valuation of the site.“It remains to be seen as to whether this was financially smart,” Musk said when asked if he thought it was worth the buy. “Currently, it is not. We just revalued the company at less than half of the acquisition price.”“Sorry,” replied Carlson, whose interview also featured Musk claiming—without evidence—that “various government agencies” could access users’ direct messages before his takeover.Musk, laughing over the situation, continued: “My timing was terrible for when the offer was made because it was right before advertising plummeted.”In the few weeks after Musk took charge, dozens of top advertisers fled the site–apparently wary of his leadership–which has seen a slimmed down workforce and content moderation system. Musk has used the platform to push a conspiracy theory about Paul Pelosi
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Elon Musk Laughs Off Twitter's Value Plunge in Tucker Carlson Fox News Interview
