Twitter owner and CEO Elon Musk joked Tuesday that in acquiring the social media platform last year for $44 billion he acquired 'the world's largest non-profit.'
'The Rubin Report' host Dave Rubin describes what he saw during his 48-hour visit with Elon Musk at Twitter's San Francisco headquarters.on Tuesday poked fun at himself and the social media giant he says was losing millions of dollars a day when he acquired it last fall, referring to the platform as "the world's largest non-profit."
"Say what you want about me," the multi-billionaire tweeted, "but I acquired the world’s largest non-profit for $44B lol." Musk has made it no secret that he has faced significant challenges in trying to turn the company around. Just a week after taking over at the helm of Twitter in late October, Musk lamented the company's "massive drop in revenue," which he attributed to "activist groups pressuring advertisers."
Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 meeting in Stavanger, Norway on August 29, 2022. Musk joked Tuesday that in purchasing Twitter he acquired the"world's largest non-profit.
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