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Musk: I'm 'Obviously Overpaying' For Twitter, But I See Huge Upside

SpaceX And T-Mobile Hold Joint Event In Texas

Photo: Getty Images

Elon Musk says he's "obviously overpaying" for Twitter, but he sees huge upside in the long-term. 

On Tesla's third quarter earnings call this week, Musk said the long term value of the social media platform is "an order of magnitude greater than its current value." 

He added he's excited about the Twitter situation and said it has incredible potential. 

Musk agreed to buy the company for 44 billion dollars after attempting pull out of the deal.


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