Elon Musk Says He’s ‘Obviously Overpaying’ for Twitter

WATCH: Elon Musk said he and other investors are “obviously overpaying” for Twitter. Su Keenan reports.Source: Bloomberg
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Elon Musk said he and other investors are “obviously overpaying” for Twitter Inc.

Tesla Inc.’s chief executive officer said he is “excited about the Twitter situation,” describing the social media company as an asset that has “sort of languished for a long time” but has “incredible potential.”