In an earnings call Wednesday, Elon Musk said he was excited about his upcoming acquisition of Twitter, even though he said he felt he was overpaying for the buyout.

The Tesla CEO had tried to back out of the deal as Twitter’s stock price was plummeting. However when Twitter sued in a Delaware Chancery Court, Musk ultimately reversed course and agreed to purchase the company under the original terms, at $54.20 per share, and a total cost of roughly $44 billion.

After saying the company had languished, he went on to say, “Myself and the other investors are obviously overpaying for Twitter right now. The long term potential for Twitter in my view is an order of magnitude greater than its current value,” he said.

In the call, Musk also was bullish on Tesla. With a current market cap of $700 billion, he noted the company could one day be more valuable than the $2.3 trillion Apple empire or Saudi Aramco’s $2.1 trillion value.

As Musk has been scrambling to raise money for his Twitter purchase, experts have speculated he may need to sell off roughly $3 billion in Tesla stock following the quarterly report, in order to put the cash together. Twitter’s lawsuit against the billionaire was paused by the judge, giving him until October 28th to close the deal.

In the call, Tesla investors worried the billionaire was spreading himself too thin, and that he may sell more of his stock, all driving down the share price.

Musk, who is the CEO of SpaceX, Neuralink, the Boring Company, and Tesla, said in the call he has no plan to combine all his enterprises with Twitter, under one parent organization.