Elon Musk and the fall of Twitter

[mich]

Well there is rumors that are going around. They are saying that Twitter was going to launch its own crypto token.
And I did not think this was going to make it worth it for him. Elon Musk is a big supporter of crypto like Doge. So it would not help him to have a crypto token for Twitter.
https://www.theblock.co/post/243375/elon-musk-x-crypto-token-never

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[Fuso.hp]

Elon Musk is a very smart man so we can't easily call him stupid. Whatever work Elon Musk does, he must have a specific plan behind it. Then in every business he loses at first but later he succeeds in that business and earns a lot of money. In the beginning when Elon Musk first bought Twitter, many called his Twitter purchase a failed investment, but as time has changed, he has been proven right all the time. At the moment, the amount of investment in Twitter has increased a lot. Twitter is seeing some changes after a small update recently. In the future, he may add several new features to this social media platform, which will increase its popularity and he will become a successful investor from Twitter investment.

[mich]

Elon Musk had gave some details about his 'cage fight' with Facebook CEO Mark Zuckerberg. He says it will be streamed on X. And all proceeds will go to charity for veterans.

https://apnews.com/article/elon-musk-mark-zuckerberg-cage-fight-28598abc5be6959f01c1b0079211a360

[Sithara007]

LOL.. so we are still discussing about the fall of Twitter? From what I can see, the advertisement revenues with Twitter are showing signs of increase. And the competitor launched by Zuckerberg is now dead even before getting a good start. The monopoly of Twitter in micro-blogging domain remains intact and as long as it remains so Elon doesn't have much to worry. And compared to other social media platforms like Facebook, market cap of Twitter remains absurdly low, and that means that there is still a lot of room for growth.

[flyingcarpet]

LOL.. so we are still discussing about the fall of Twitter? From what I can see, the advertisement revenues with Twitter are showing signs of increase. And the competitor launched by Zuckerberg is now dead even before getting a good start. The monopoly of Twitter in micro-blogging domain remains intact and as long as it remains so Elon doesn't have much to worry. And compared to other social media platforms like Facebook, market cap of Twitter remains absurdly low, and that means that there is still a lot of room for growth.

Today X has paid many people. X has now become a place where you can get paid like twitch. This seems like just the beginning. The application is very open to development. Elon can add many different things to the X application. Elon has such an opportunity.

I think it's too early to talk about the value of implementation X yet. Because many innovations will come to the application and there is no other application that can compete with this application.

[bakasabo]

LOL.. so we are still discussing about the fall of Twitter?

A lot of people dont realize how big business work. From their point of view, when you start or buy business, you are obligatory to get profit the next day after purchase. People dont know that there are lots of companies that work with losses for years and decades, and feel fine. People dont know that even if company ends financial years with a loss, that company might have millions and billion in turnover, have lots of supply funds frozen in fixed assets and debtors. Until Twitter announced themselves to be bankrupt, Twitter hasnt failed.

[dothebeats]

LOL.. so we are still discussing about the fall of Twitter?

A lot of people dont realize how big business work. From their point of view, when you start or buy business, you are obligatory to get profit the next day after purchase. People dont know that there are lots of companies that work with losses for years and decades, and feel fine. People dont know that even if company ends financial years with a loss, that company might have millions and billion in turnover, have lots of supply funds frozen in fixed assets and debtors. Until Twitter announced themselves to be bankrupt, Twitter hasnt failed.

Twitter hasn't and wouldn't in the next few years fail as a business. But as a social media platform? It is slowly losing its magic on people. Long gone were the days were Twitter used to be the main platform for teens, fandoms and other online communities. However, this does not mean Twitter will go down already, perhaps this is why Elon Musk is rebranding the platform.

[bakasabo]

LOL.. so we are still discussing about the fall of Twitter?

A lot of people dont realize how big business work. From their point of view, when you start or buy business, you are obligatory to get profit the next day after purchase. People dont know that there are lots of companies that work with losses for years and decades, and feel fine. People dont know that even if company ends financial years with a loss, that company might have millions and billion in turnover, have lots of supply funds frozen in fixed assets and debtors. Until Twitter announced themselves to be bankrupt, Twitter hasnt failed.

Twitter hasn't and wouldn't in the next few years fail as a business. But as a social media platform? It is slowly losing its magic on people. Long gone were the days were Twitter used to be the main platform for teens, fandoms and other online communities. However, this does not mean Twitter will go down already, perhaps this is why Elon Musk is rebranding the platform.

From platform "for teens, fandoms and other online communities" it has turned into platform for business. Now it is a must for business to have a twitter account as one of the social media platforms for marketing. Not to mention those who use twitter directly as a trading place for their business. And how through twitter people make announcements and statements. Many times we have seen in news or media link to "one famous person twitter this and that" and discuss resonance that tweet made.

[Afnan_faizah]

Sometimes we don't need to hear other people opinion. I think Elon musk did a good job for twitter. even he already rebranding it. there is something that called product life cycle, if he rebranding it then it may safe twitter that we called X now. he is smart I think there is nothing to worry about what he is doing.

[dothebeats]

Sometimes we don't need to hear other people opinion. I think Elon musk did a good job for twitter. even he already rebranding it. there is something that called product life cycle, if he rebranding it then it may safe twitter that we called X now. he is smart I think there is nothing to worry about what he is doing.

I'm not so sure about this. Yes, we cannot obviously tell Elon Musk what he should and shouldn't do, but it should be remembered that Twitter (now referred to as X) is a social media platform. Hence, its heart and core are its users which means user's opinions and feedbacks matter. Right now, the general users of the platform are either pleased or not happy with the rebrand Elon did. We'll see after a few months what the changes the rebrand brought will do to the platform.

[mich]

Well Elon Musk is not going to cooperate with no one he doesnt want to. Even when a special council got a search warrant for records of Donald Trumps twitter account, Elon Musk would instead choose to pay a $350,000 fine.

https://apnews.com/article/twitter-trump-account-capitol-riot-jack-smith-9e66943fd7ebdae0038838c144b57d4f

[EarnOnVictor]

LOL.. so we are still discussing about the fall of Twitter? From what I can see, the advertisement revenues with Twitter are showing signs of increase. And the competitor launched by Zuckerberg is now dead even before getting a good start. The monopoly of Twitter in micro-blogging domain remains intact and as long as it remains so Elon doesn't have much to worry. And compared to other social media platforms like Facebook, market cap of Twitter remains absurdly low, and that means that there is still a lot of room for growth.

Today X has paid many people. X has now become a place where you can get paid like twitch. This seems like just the beginning. The application is very open to development. Elon can add many different things to the X application. Elon has such an opportunity.

I think it's too early to talk about the value of implementation X yet. Because many innovations will come to the application and there is no other application that can compete with this application.

You are giving too much regard to Elon Musk regarding this issue, as of the time that this thread was open, Elon Musk was retarding Twitter and perhaps regretting his takeover, in other words, he failed as the CEO and everything was just regressing. This prompted him to task people to vote and people actually voted him out as CEO, that's inside Twitter itself. Meaning that more people didn't want him and his ill ways of managing the microblogging app.

Things started getting better when Linda Yaccarino became the CEO, and with her track record, I don't think anyone should doubt her. It's a recent development that is worthy of appraisal, and thanks to Linda Yaccarino, not Elon Musk. But I agree with you, there are now new developments which I better call the evolution of new ideas. Still, you should know that it's now more than the original Twitter, it's something else.

[Twentyonepaylots]

Sometimes we don't need to hear other people opinion. I think Elon musk did a good job for twitter. even he already rebranding it. there is something that called product life cycle, if he rebranding it then it may safe twitter that we called X now. he is smart I think there is nothing to worry about what he is doing.

Personally, I find it interesting to see how this develops. I think Elon Musk is always looking for ways to expand his influence and reach, and Twitter would certainly give him a platform to do so. Though I still wonder how he would handle the responsibility of owning such a vast social media network.

I'm not so sure about this. Yes, we cannot obviously tell Elon Musk what he should and shouldn't do, but it should be remembered that Twitter (now referred to as X) is a social media platform. Hence, its heart and core are its users which means user's opinions and feedbacks matter. Right now, the general users of the platform are either pleased or not happy with the rebrand Elon did. We'll see after a few months what the changes the rebrand brought will do to the platform.

Yes, listening to feedback is one reason why users continuously support and patronize a platform. Improving services to meet their users' needs will reflect better satisfaction and loyalty because it shows that they value their users and are committed to providing the best possible experience. When users encounter issues that are not resolved over time, they will likely leave and look for another substitutional platform for Twitter, or it may even be possible that a competitor may even rise to offer a better platform experience.

I really like the new design and layout of X now. It feels more modern and user-friendly. However, I've noticed that some of the features I used frequently have been moved around or deleted, and I've noticed that Twitter has been experiencing some issues lately. I have trouble accessing the site and posting tweets. I'm sure Elon and his team at Twitter are working hard to resolve the issue. Let's just look forward and see how Elon will handle this.

[Litzki1990]

There must have been a reason behind Elon Musk buying Twitter for such a huge sum of money. He would not have bought such a social media at such a high price for no reason. At the moment, Elon Musk is thinking of several income streams with Twitter. The amount of money Elon Musk has invested in Twitter will see him earning millions of dollars from the Twitter platform after a few years. After the change of ownership of Twitter, when Elon Musk introduced certain rules on Twitter, Mark Zuckerberg launched another copy of Twitter in the app market. Mark Zuckerberg's app created a lot of buzz in the beginning for bringing another exact copy of Twitter to the app market but later this app did not offer the same or better features than Twitter due to which people came back to Twitter again. After all, Elon Musk bought Twitter and never failed his investment.

[armanda90]

There must have been a reason behind Elon Musk buying Twitter for such a huge sum of money. He would not have bought such a social media at such a high price for no reason. At the moment, Elon Musk is thinking of several income streams with Twitter. The amount of money Elon Musk has invested in Twitter will see him earning millions of dollars from the Twitter platform after a few years. After the change of ownership of Twitter, when Elon Musk introduced certain rules on Twitter, Mark Zuckerberg launched another copy of Twitter in the app market. Mark Zuckerberg's app created a lot of buzz in the beginning for bringing another exact copy of Twitter to the app market but later this app did not offer the same or better features than Twitter due to which people came back to Twitter again. After all, Elon Musk bought Twitter and never failed his investment.

Elon Musk want controlling full with all people around the world after success acquisition of twitter, its not matter with how much money spent for buying twitter but his goals complicated because he manage well all hater for suspending their account if against Elon Musk. New twitter logo "X" have been existing in several weeks and looks Elon Musk want to rebranding with his social media based on the same with his company.
But excited with Elon Musk competition as Facebook's owner Mark Zuckerberg, he has launch new social platform have similar with twitter although not really popular right now after several days opening operation. Less drop or ads advertisement values after Elon Musk acquisition and I think need time for twitter more popular under Elon Musk owner.

[mv1986]

LOL.. so we are still discussing about the fall of Twitter? From what I can see, the advertisement revenues with Twitter are showing signs of increase. And the competitor launched by Zuckerberg is now dead even before getting a good start. The monopoly of Twitter in micro-blogging domain remains intact and as long as it remains so Elon doesn't have much to worry. And compared to other social media platforms like Facebook, market cap of Twitter remains absurdly low, and that means that there is still a lot of room for growth.

Today X has paid many people. X has now become a place where you can get paid like twitch. This seems like just the beginning. The application is very open to development. Elon can add many different things to the X application. Elon has such an opportunity.

I think it's too early to talk about the value of implementation X yet. Because many innovations will come to the application and there is no other application that can compete with this application.

You are giving too much regard to Elon Musk regarding this issue, as of the time that this thread was open, Elon Musk was retarding Twitter and perhaps regretting his takeover, in other words, he failed as the CEO and everything was just regressing. This prompted him to task people to vote and people actually voted him out as CEO, that's inside Twitter itself. Meaning that more people didn't want him and his ill ways of managing the microblogging app.

Things started getting better when Linda Yaccarino became the CEO, and with her track record, I don't think anyone should doubt her. It's a recent development that is worthy of appraisal, and thanks to Linda Yaccarino, not Elon Musk. But I agree with you, there are now new developments which I better call the evolution of new ideas. Still, you should know that it's now more than the original Twitter, it's something else.

But there is a crucial detail that you are missing here: Elon Musk failed when he is broke. For as long as he isn't broke, I would not bet against him. It doesn't matter what I think about Elon Musk's character, but he pulled off things that are literally inhuman. When someone has wealth of $50 billion and buys Twitter for $44 billion and it plummets to 50% of its acquisition value, I agree that it could end in a failure because the owner might decide to quit. But Musk already said that his plans go far beyond a platform on which you can send some tweets. I believe him.

There are a few things that will keep him going and one of those things is the competition with Zuckerberg. If Musk was rich enough to swallow meta one day, he would do it. he is the fiercest business competitor out there. Amassing more wealth than Bezos who has built a money printing machine is insane. Building a car company, and I agree with Musk here, is probably the hardest thing an entrepreneur can choose to do. It doesn't scale. Social networks scale and retail scales through cross-selling potential and market power due to superior market share.

But when you want Tesla to scale, it is so much harder to do. But he might be able to get there when one day he is cross-supplying his companies with knowledge transfer and required resources.

In terms of market value you could call it the fall of twitter for now. But I think you will have to open another thread that is called the rise of X one day. I believe he won't stop with whatever he has in mind for the company. Money is not an issue for them. He could burn half of his wealth and would still have more than Zuckerberg. 

[Bitcoin_people]

Sometimes we don't need to hear other people opinion. I think Elon musk did a good job for twitter. even he already rebranding it. there is something that called product life cycle, if he rebranding it then it may safe twitter that we called X now. he is smart I think there is nothing to worry about what he is doing.

Elon Musk does what he does with his own thoughts and doesn't need anyone's opinion. Since Elon Musk might have already taken the step of turning Twitter into X, this must be a good idea. Elon Musk would probably think of developing something better because his intentions are positive things that can be improved upon. It is true that an intelligent and smart person always does what he does in his own wisdom and does not act on the opinion of others.

[Negotiation]

He may have taken this step after thinking X will benefit us in ways we've only just begun to imagine. X is going to play a major role in the future of unlimited communication in many other areas including audio, video, messaging, payments or banking. Advising social media to follow stricter content moderation policies. However musk wants to maintain a more flexible attitude in this regard relaxing a critical platform like twitter will change the experience for all users elon musk may have already put this plan into action.

[Sithara007]

He may have taken this step after thinking X will benefit us in ways we've only just begun to imagine. X is going to play a major role in the future of unlimited communication in many other areas including audio, video, messaging, payments or banking. Advising social media to follow stricter content moderation policies. However musk wants to maintain a more flexible attitude in this regard relaxing a critical platform like twitter will change the experience for all users elon musk may have already put this plan into action.

Others may disagree, but I believe that Twitter is moving in the right direction ever since Elon took over. When Jack Dorsey and clowns such as Vijaya Gadde were in power, Twitter never cared about the users. They deleted user accounts which used to post anything remotely related to right-wing and never cared about the ordinary users. Elon restored the FoE in Twitter and on top of that he came up with the revenue sharing formula for the content creators. And this in turn will encourage the users to produce more quality content.

[EarnOnVictor]

LOL.. so we are still discussing about the fall of Twitter? From what I can see, the advertisement revenues with Twitter are showing signs of increase. And the competitor launched by Zuckerberg is now dead even before getting a good start. The monopoly of Twitter in micro-blogging domain remains intact and as long as it remains so Elon doesn't have much to worry. And compared to other social media platforms like Facebook, market cap of Twitter remains absurdly low, and that means that there is still a lot of room for growth.

Today X has paid many people. X has now become a place where you can get paid like twitch. This seems like just the beginning. The application is very open to development. Elon can add many different things to the X application. Elon has such an opportunity.

I think it's too early to talk about the value of implementation X yet. Because many innovations will come to the application and there is no other application that can compete with this application.

You are giving too much regard to Elon Musk regarding this issue, as of the time that this thread was open, Elon Musk was retarding Twitter and perhaps regretting his takeover, in other words, he failed as the CEO and everything was just regressing. This prompted him to task people to vote and people actually voted him out as CEO, that's inside Twitter itself. Meaning that more people didn't want him and his ill ways of managing the microblogging app.

Things started getting better when Linda Yaccarino became the CEO, and with her track record, I don't think anyone should doubt her. It's a recent development that is worthy of appraisal, and thanks to Linda Yaccarino, not Elon Musk. But I agree with you, there are now new developments which I better call the evolution of new ideas. Still, you should know that it's now more than the original Twitter, it's something else.

But there is a crucial detail that you are missing here: Elon Musk failed when he is broke. For as long as he isn't broke, I would not bet against him. It doesn't matter what I think about Elon Musk's character, but he pulled off things that are literally inhuman. When someone has wealth of $50 billion and buys Twitter for $44 billion and it plummets to 50% of its acquisition value, I agree that it could end in a failure because the owner might decide to quit. But Musk already said that his plans go far beyond a platform on which you can send some tweets. I believe him.

There are a few things that will keep him going and one of those things is the competition with Zuckerberg. If Musk was rich enough to swallow meta one day, he would do it. he is the fiercest business competitor out there. Amassing more wealth than Bezos who has built a money printing machine is insane. Building a car company, and I agree with Musk here, is probably the hardest thing an entrepreneur can choose to do. It doesn't scale. Social networks scale and retail scales through cross-selling potential and market power due to superior market share.

But when you want Tesla to scale, it is so much harder to do. But he might be able to get there when one day he is cross-supplying his companies with knowledge transfer and required resources.

In terms of market value you could call it the fall of twitter for now. But I think you will have to open another thread that is called the rise of X one day. I believe he won't stop with whatever he has in mind for the company. Money is not an issue for them. He could burn half of his wealth and would still have more than Zuckerberg. 

Nice accolade for Elon Musk, I can clearly see that you are a big fan, I'm not, and there is no apology for that. And as much as I respect your opinion in this regard and agree with some of your points, never you qualify anyone above human, he is a human being and there is no achievement he has now that more hasn't had before him. If luck and grace shine on people, they and their fans believe there is no one like them, which is awkward.

As for turning Twitter around through diversification, it's the easiest thing anyone can do when there is money and I never doubted him but he actually disappointed me because he couldn't do it as CEO. We are talking about billions in his control, so what? If a low-budget business could find itself atop, how much more is a billion-dollar company?

Aside from that, all his so-called achievements can't be attributed to him alone as many of you widely conceived, it's deeper than the surface, they often use the unheard brains if you don't know but often claim the glory. I dared him while he was the CEO of Twitter, why did he relinquish the post to Linda Yaccarino? Every success from that microblogging app as far as I'm concerned is to her as from then and the resources at her disposal. Twitter is a big name already, so anything they do under that name can never find it hard to sell. Just like how banks are now becoming holdings and co, they are already established, so it's not new. He made a lot of mistakes as Twitter CEO which cost him and the company a lot, so don't pretend as if that never happened or he's perfect.