Elon Musk said Sunday that his social media company Twitter is “trending to breakeven” after he had to save it from “bankruptcy.”
The past three months when he ran Twitter after buying for $44 billion, in addition to keeping his day jobs at Tesla and SpaceX, were “extremely tough.”
“Wouldn’t wish that pain on anyone,” Musk, 51, tweeted on Sunday.
He has described himself as a nanomanager who works long hours, goes to bed late, and sleeps very little, The Wall Street Journal reported.
He apologized during his testimony at a federal trial in San Francisco in January for “squirming around” with “quite severe back pain.” He has confirmed surgeries to treat neck and back pain he said came from throwing a 380-pound sumo wrestler at a birthday party.
On Friday, a jury trial said Musk wasn’t liable for tweeting in 2018 that he had secured funding to take
Tesla
private before funding was finalized. He said during that trial that “I had trouble sleeping last night, so unfortunately, I’m not at my best.”
His mother, Maye Musk, congratulated him on Twitter after the trial on Friday, saying: “Such a relief,” and “Now catch up on sleep.”
Tesla investors have worried about Musk being distracted by Twitter. Musk has dismissed those criticisms, saying he hasn’t missed any important Tesla meetings and tweeting in November that “I still do a lot of work at Tesla!”
He once joked on Saturday Night Live that he’s not a “chill, normal dude,” and has said he goes to bed around 3 a.m. and sleeps six hours, the Journal reported. He slept on a Tesla factory floor in 2018 and is now sleeping at Twitter’s San Francisco offices.
Musk has previously said he plans to bring in another Twitter CEO “as soon as I find someone foolish enough to take the job!” after a December poll found 57.5% of more than 17.5 million votes said he should step down. He hasn’t said when he would name his successor.
Write to Janet H. Cho at janet.cho@dowjones.com
Credit: marketwatch.com