By all accounts he paid about double what it was worth and the value has collapsed from there.
Probably not a great idea to say anything overtly political when you own a social media company, as due to politics being so polarised in the US, any opinion is going to divide your audience in half causing a usage collapse and driving support to competing platforms.
https://fortune.com/2023/09/06/elon-musk-x-what-is-twitter-w...
His worst personal problem is that he keeps replying "fascinating" to neo-Nazis and random conspiracy theorists because he wants to be internet friends with them.