Elon Musk and the fall of Twitter

[Pujangga]

Elon Musk, who has been proven to be the world's top businessman, of course, has good experience developing Twitter. If Twitter seems to be falling now, then there will be another strategy from Elon Musk to make Twitter the best social media. Let's wait another 2 or 3 years. What's the big mission? from elon musk can make twitter successful.

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[thecodebear]

Musk is a great entrepreneur. When he really wants to shake up an industry by building a company he does amazing things.




And then there is Twitter. Which was a pure ego buy. Unfortunately the past few years Musk has gotten more and more...eccentric and egomaniacal. Buying Twitter was a pure ego move that was obviously not going to end well. And then he completely gutted the company and turned it into complete chaos.

Musk needs to stick to running the companies he has built rather than stroking his ego by buying other companies thinking he can revolutionize them by gutting them and running them like a looney toon dictator.

[mich]

Well I do not think Elon was buying twitter with big plans for making profit. He is just wanting to be in control of it and have powers to make changes. He has so much money what does it bother him.
And now he has made source code for Twitters recommendation algorithm public. Making for more transparency for Twitter. https://www.reuters.com/technology/twitter-makes-content-recommendation-code-public-2023-03-31/

[Xcode7]

IMO, Elon Musk is a talented businessman and has made significant contributions to the industry and society. However, his frequent use of Twitter to make controversial news and his decision to acquire Twitter could devalue the shares of his other companies. This can make investors and the public worried about the future of those companies.

Elon Musk's failure to properly appreciate the impact of his actions and words on the public and the market. Disregard for public sentiment can lead to a loss of investor and customer confidence, damaging the reputation and value of his companies.

since the controversial purchase of Twitter by Elon Musk, the value of Twitter has slowly declined in the hands of Elon Musk. I agree with you that everyone has their own expertise, Elun Musk has been very successful with Tesla and SpaceX car technology. but doing business in cyberspace, I think it is much different from what he did at his previous company.
Also added to the musk elun policies on Twitter that make Twitter users may leave it

[Tadic]

Well I do not think Elon was buying twitter with big plans for making profit. He is just wanting to be in control of it and have powers to make changes. He has so much money what does it bother him.

Exactly this. He wants more power and that led to more money in other various areas. Twitter itself doesn't have to be profitable. The effects of having an ownership of Twitter comes with a lot of benefits.

[Jating]

IMO, Elon Musk is a talented businessman and has made significant contributions to the industry and society. However, his frequent use of Twitter to make controversial news and his decision to acquire Twitter could devalue the shares of his other companies. This can make investors and the public worried about the future of those companies.

Elon Musk's failure to properly appreciate the impact of his actions and words on the public and the market. Disregard for public sentiment can lead to a loss of investor and customer confidence, damaging the reputation and value of his companies.

since the controversial purchase of Twitter by Elon Musk, the value of Twitter has slowly declined in the hands of Elon Musk. I agree with you that everyone has their own expertise, Elun Musk has been very successful with Tesla and SpaceX car technology. but doing business in cyberspace, I think it is much different from what he did at his previous company.
Also added to the musk elun policies on Twitter that make Twitter users may leave it

It decline because he had made a lot of change in the company. He had lay off a lot of its employees, and even those in the top position are not even spared ny Elon when he goes full revamp.

And investors doesn't want to see thing happening not just on Twitter or any company for that matter, because it gave them bad connotation. And with that the price plummet as a reflection of that. Anyhow, I think Elon accomplished what he wanted in the beginning, have a social platform that he can used in his favor.

[carlfebz2]

Well I do not think Elon was buying twitter with big plans for making profit. He is just wanting to be in control of it and have powers to make changes. He has so much money what does it bother him.
And now he has made source code for Twitters recommendation algorithm public. Making for more transparency for Twitter. https://www.reuters.com/technology/twitter-makes-content-recommendation-code-public-2023-03-31/

If you do have the money then you could buy everything you do want and on whats up with your interest, most of businessman or billionaires would really be coming after for profits but there are ones who do really go after about their interest.If Elon did buy Twitter for the sake on having that good control about information been shared up or speaking about contents that been shared up then he could do as he do like.
If this new management turns out to be a failure then expect that there would be a loss. Elon is totally aware of it, does it bother that him much? We dont know on whats up into his mind.
There's no way that we could know on whats their next plan.

[mv1986]

Although he is financially one of the richest businessmen in the world, it is also worth noting that the share prices of his other companies could fall through losses on his Twitter purchase. In my opinion his main mistake was disregarding public sentiment. What is your concern?

He is a genius and he will certainly surprise you and everyone.

Maybe not all his companies will skyrocket,  but most of them are

Let's not confuse Elon's eccentric personality with his abilities and virtues, which he clearly has.

This is so true. The guy is shockingly smart. He founded SpaceX at the age of 30 I believe. Who the heck would be crazy enough to found a rocket company at that age? And how is he the chief designer for his rockets? I always wondered whether that is really true. Of course he hired engineers, but still that's an unreal achievement. All these companies that he has and how he has the majority control over space due to his satellites.

I am quite sure that he has a plan for Twitter and knows how to turn things around, but he also already admitted that there will be bumps in the road and that they are experimenting, trying to figure out what people might need or want. A lot of the things he founded complement each other. But it's also interesting how consequent he is and that he decided to let OpenAi go because it isn't anymore open source. Usually one would think that everything he does is aiming at becoming richer, but he seems to have some serious principles that he sticks to. Twitter is probably just another piece of a puzzle that he has in mind.

[slashz9]

I think he is a genius, it doesn't matter if not all of his efforts are good, at least in some sectors that are recognized and needed by the world, Tesla and Space X are one of them.
but I think he bought twitter for a further purpose and reason that other people don't know about yet.

[Ziskinberg]

I think he is a genius, it doesn't matter if not all of his efforts are good, at least in some sectors that are recognized and needed by the world, Tesla and Space X are one of them.
but I think he bought twitter for a further purpose and reason that other people don't know about yet.

No question of his geniuses but not all things he can handle, some may not work according to his plan.
Okay, let us assume that he has some intention of acquiring Twitter but can't please some people to believe that it is working well, instead it gains negativity. Exactly, we never know his plan and we hope he shows something more interesting and runs this platform successfully, and make prove the wrong perceptions that most people are seeing now.

[BobK71]

I think he is a genius, it doesn't matter if not all of his efforts are good, at least in some sectors that are recognized and needed by the world, Tesla and Space X are one of them.
but I think he bought twitter for a further purpose and reason that other people don't know about yet.

No question of his geniuses but not all things he can handle, some may not work according to his plan.
Okay, let us assume that he has some intention of acquiring Twitter but can't please some people to believe that it is working well, instead it gains negativity. Exactly, we never know his plan and we hope he shows something more interesting and runs this platform successfully, and make prove the wrong perceptions that most people are seeing now.

I agree with you. A businessman can never expert in everything. Elon Musk may be a better platform creator than Twitter, but he can't do well in Twitter. Because there is a big difference between his way of thinking and the way millions of people think about social communication. Most of the decisions he has taken on Twitter in recent times have not been accepted with the public. It would be good decision if someone who runs social media get the responsibility to conduct the platform.

[Pierre 2]

I just subscribed to Twitter Blue. Well honestly I can't exactly say its worth. It definitely buff you somewhat. I realized my overall interactions increased dramatically. I engage more people. But some things with app is broken. Sometimes I can see tweets of people I don't follow etc. I feel like Elon Musk tries hard to save Twitter but their ad revenue was important. He should definitely make Twitter Blue more desirable. I subbed for a year just to see what he is gonna do. He should change algorithms. I like some things he did with blue like customization etc but you should let people to do much more to have loyal subs.

[Botnake]

Well said, my friend, you actually said my mind. Elon Musk thought it was business as usual thinking he can venture into anything and get it done better. Well, the Twitter purchase has put him on the wrong note, even the Tesla shares dropped so significantly. You see, if someone is touching almost everything and such things become successful, they see themselves as one demigod.

But not in all cases, social media is a different space entirely, especially when you are doing things that are anti-social media itself. He thought he can monetize everything better, but it boomerangs.

Sadly, not everything is done with money and business. Yes, Elon Musk has got everything when it comes to money and intelligence, but he is a big failure when it comes to humanity. Well, if he has been being selfless and compassionate in the first place, he would have succeeded his new owned business in the name of Twitter, but i guess his being anti-social media have made negative effect on the business and now its near to its downfall. I just hope that Elon Musk will still manage his other businesses to skyrocket again just like before he bought Twitter.

[darewaller]

I just subscribed to Twitter Blue. Well honestly I can't exactly say its worth. It definitely buff you somewhat. I realized my overall interactions increased dramatically. I engage more people. But some things with app is broken. Sometimes I can see tweets of people I don't follow etc. I feel like Elon Musk tries hard to save Twitter but their ad revenue was important. He should definitely make Twitter Blue more desirable. I subbed for a year just to see what he is gonna do. He should change algorithms. I like some things he did with blue like customization etc but you should let people to do much more to have loyal subs.

I would say you shouldn't have done that, not because of anything related to Elon Musk, I mean the owner of a place you use doesn't really matter all that much, but because blue doesn't really give you anything worthy.

Depends on where you live, most people in the USA wouldn't even bat an eye on 8 bucks a month, that's nothing to them, but there are people living with 200-300 dollars a month salaries, so it wouldn't be possible for those people to justify that much money, wouldn't make sense. Plus the free version is still free and you still get to use it however you want without any trouble. Unless they start to use limitations to non-blue people, then it just doesn't worth it.

[southerngentuk]

I really find Elon Musk very clever in the way he attracts the public's attention with what he does. Yesterday I saw a lot of people talking about dogger , is this a joke or a complete change to how twitter works in the future.
Some say he's destroying the corporation with the changes he's made since he got it, but I see the point is that he has likes and dislikes so it's up to debate what he's doing what seems to be a never ending story.

[irhact]

Although he is financially one of the richest businessmen in the world, it is also worth noting that the share prices of his other companies could fall through losses on his Twitter purchase. In my opinion his main mistake was disregarding public sentiment. What is your concern?

I have no concern, new businesses don't just start making profit immediately they get launched. Although twitter isn't a new business but it's under a new administration so their new policy might crash the price but with time it'll recover and start making profits. Elon musk is a very successful entrepreneur and a business man.

Elon musk has made all the businesses he has been a part of very successful including the cryptocurrency market through his direct involvement with dogecoin so twitter will be profitable as his other businesses in due time. Already we have started seeing new improvement on the bird app.

[bakasabo]

Think about Elon Musk really being a creator of Dogecoin or hold a huge amount of it. Recently he has switched Twitters blue bird logo to Dogecoin and altcoins price instantly reacted with +30% growth. Just imagine that he has bought a costly instrument, that can in short period increase assets value for 30% and he can use that instrument when ever he wants and as many times he wants. It does not matter then Twitters value decreases, when he can increase his other assets value.

[19Nov16]

Of course we can't judge what Elon Musk did on Twitter, he bought at the beginning of the year or just about 3 months, I'm sure a big impact will be seen at least a year or early 2024, but there is something unique about Twitter today because it uses the Doge logo when loading page.

[nimogsm]

Of course we can't judge what Elon Musk did on Twitter, he bought at the beginning of the year or just about 3 months, I'm sure a big impact will be seen at least a year or early 2024, but there is something unique about Twitter today because it uses the Doge logo when loading page.

It seems to me that the logo will be temporary and leave the bird that was before. The next step is probably to buy a premium account using dogecoin.I don’t see any more special use yet.The fact that we can expect another pump is a fact, but what will happen next is very difficult to say.At the moment, it looks more like price manipulation and not a real case of introducing a dogecoin to twitter.

[soramon]

Since elon musk buy twitter there are a lot things change. I think he know what he want to do with twitter. Actually he can use it for for his own benefit. Just like few hours ago he change twitter logo into doge. The result is doge raise about 24% according to coingecko. Dont underestimate elon musk.