Tesla CEO Elon Musk owns five companies, including Twitter. Companies Musk already owns include Tesla, Neuralink, SpaceX, and cosmetic brand The Boring Company. This is where Twitter is headed. Musk is a very busy man right now. At the annual Ron Barron conference in New York on Nov. 4, Musk revealed that he now works 120-hour weeks after the Twitter acquisition.
“My workload used to be 70 to 80 hours a week. Now it’s up to 120. It’s go to bed, wake up, work, go to sleep, work,” Musk explained at the conference. Musk now devotes his full time to Twitter. But if Twitter gets on the right track, he said, he will shift all his attention to Tesla and SpaceX.
Musk acquired Twitter in a $44 billion deal. After taking over, he made some radical changes in this social media platform. Musk has removed top Twitter management, including CEO Parag Aggarwal, head of policy and legal Vijay Gadde, and chief financial officer Nell Segal.
Since Musk took over, Twitter’s workforce has dropped by nearly 50 percent. Musk has also made significant changes to the way people use this micro-blogging app. Twitter has decided to introduce a fee of $8 per month to have Blue Tick verification.
Meanwhile, Musk has rolled out a Twitter verification subscription in select countries for iOS users. It can be implemented in US, Canada, Australia, New Zealand and UK in the first phase. Musk said that the subscription service will also be available in India within the next month.