Prior to the acquisition of social media platform Twitter, Elon Muskhad his hands full. Musk is the CEO of Tesla Inc TSLA and SpaceX and is also involved with several other companies he co-founded like Neuralink and The Boring Company.
Heres what Musk recently said about his new workload after the Twitter acquisition.
What Happened: Musk completed a $44 billion acquisition of Twitter recently and has made himself the acting Chief Executive Officer.
Speaking at the Ron Baron Conference, Musk shared that the acquisition has had a big impact on his workload.
My workload went up from about 70 to 80 hours a week to probably 120, Musk said.
Musk noted that his daily routine now consists of work and sleep.
Go to sleep, I wake up, work, go to sleep, work, do that 7 days a week.
Musk said he has no choice but to do this for a while until things get under control at Twitter.
Once Twitter is set on the right path, I think it is a much easier thing to manage than SpaceX or Tesla.
Musk said he really understands the internet and how to make it work.
Heres what Musk has in store for the social media platform.
Related Link:Elon Musk's Reasons For Buying Twitter: 'I Didn't Do It To Make Money. I Did It To Try To Help Humanity
'Whats Next: Musk previously was a co-founder of online bank X.com, which eventually became PayPal Holdings PYPL .
I know how to make a way better PayPal, Musk said.
Musk said theres a 22-year-old plan from the X.com and PayPal days that is going to be executed and surprisingly enough has not been done before.
Thats part of why I think Twitter will be ultimately extremely valuable.
Musk said hes taking steps to make Twitter a positive place to be, otherwise, people will leave the platform.
How do we get 80% of America, 80% of the public to join a digital town square? Musk asked.
Musk said hes confident that the platform can satisfy 80% of the world with its renewed efforts, something he said he would count as a great outcome for Twitter.
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