Elon Musk says BBC’s ‘government-funded media’ Twitter tag will be changed

Owner talks of extremely high' pain level from running the site but adds it is now roughly breaking even'

Elon Musk, Twitter's billionaire owner, has said the social media platform will change the BBC's label of government-funded media" after the broadcaster objected.

The Tesla chief executive made the announcement during a wide-ranging interview with the corporation in which he said that his pain level from running the site had been extremely high" but that the business was now roughly breaking even".