According to Musk, owning Twitter has been quite difficult.

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Musk stated in the interview that he has been “under constant attack” and that taking control of Twitter has been difficult.

The billionaire, though, defended firing a large number of employees after the takeover.

If we don’t start cutting costs right away, the problem is like the company is going bankrupt, he remarked.

“This is not a question of caring or not caring. Similar to how everyone would lose their jobs if the entire ship sank.

“How would you respond? What would you like to do if you only had four months to live, or 120 days, before you died?

Musk has stated that he will replace the phrase “government-funded media” with the phrase “publicly-funded” on the BBC’s Twitter profile.

It happened when the BBC complained to Twitter over the label “government-funded” being placed on its main BBC account.

According to Twitter’s website, “government-funded media” refers to a platform where “different levels of government engagement over editorial content” may exist.

Musk stated that he always aimed to be “truthful and factual as feasible” in an interview with our journalist James Clayton.

He said: “I think we’re adjusting the label to be publicly funded, which I think is not too objectionable. We’re trying to be accurate.”

He also confirmed he would change the label to “publicly-funded” for US radio broadcaster NPR.

Musk added he had the “utmost respect” for the BBC.

He previously described the broadcaster as “among the least biased” news organisations.

Last week speaking on the matter, the BBC said: “The BBC is, and always has been, independent. We are funded by the British public through the licence fee.”

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