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Author Topic: Elon Musk and the fall of Twitter  (Read 2972 times)
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March 30, 2023, 12:40:24 PM
 #81

The only drawback of what was conveyed by the OP is that there are no valid sources to strengthen everything that was conveyed in the Op. Elon Musk is not a person who gives up easily, he is very ambitious in what he wants.
Loss is not the goal of his business, his popularity will allow him to earn more than he has spent. Still remember how he boosted the popularity of dogecoin, I'm sure he's the single biggest whale of the increasing price of dogecoin.

I am not sure if is it about Elons ambitions and his goals, but Twitter is definitely one crazy place and it's becoming even crazier (if that is possible). A lot of weird things happen on Twitter, and hate speech of any kind is like something "normal".

The haters and conspiracy theorists back on Twitter.

I don't think that Twitter will fall, many people make money there in many ways, so there will be enough people to keep it alive...

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March 30, 2023, 03:47:31 PM
 #82

Twitter is now $20 billion. Elon Musk has made such an offer to sell shares to Twitter employees.
Well he not only try to sell shares (which i think is not official) but he also tried to sell, office plants to employees That's not enough he also tried to sell the furniture of Twitter like, chairs, etc. and espresso machines.. Which i found weird like why he is doing all that. He is not an idiot with money. I think these are his intentions to degrade the employees of Twitter and finally to sell Twitter.

All i can say, he must have some plans or strategies behind these acts. Now the question is what are those plans? Because he made bad decisions like almost everything is undigestible. So i think it was his plan from the start to fail Twitter for all at once. If that happens, then the influencers, celebrities and every other user have to shift to another platform. Then what will be that? like is it will be a product of Elon too. He already shifts people from the human mind to AI. Like making us so dependent on these AI tools.

But not in all cases, social media is a different space entirely,
Totally agreed, if I agree with your scenario then he was really wrong. Like he was mistreating the staff of Twitter plus he made many bad decisions like, blue tick, etc. Which costs big companies to lose a hell lot of money just because of greed of earning 1.9 billion dollars per month (ahh well that's enough to make a man greedy) but this feature cost other companies to lose more than 15 billion dollars, like the pharmaceutical ones.

Companies that faced great loss due to the act Elon, are definitely going to take revenge and I think that's why 14 advertising companies out of 30 have left Twitter. which made it totally worth half of the buying price of 44 billion dollars. (as OP mentioned)

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March 30, 2023, 04:44:44 PM
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 #83

Elon Musk of course has high ambitions when buying Twitter, Twitter's first target after buying Elon Musk is to become the biggest social media to beat the others, and from a financial perspective, I want to oblige customers who have a blue tick to pay regularly, unfortunately this is responded negatively by most users.

From one of the sources that I read, there are three reasons why Elon Musk wants to buy Twitter and I think the three reasons that I mean are very appropriate and also very natural for Elon Musk so he (Elon Musk) wants to buy Twitter. Because Reporting from the Washington Post, Elon Musk explained that the purchase of Twitter was not solely to make money. Musk mentioned that he doesn't care about the economy.

His intention to buy Twitter was based on his desire to have a public platform that users can trust to the maximum and be broadly inclusive. and the three reasons I mean based on sources from blog.amartha.com are as follows;
  • Making Twitter a Trusted Platform
  • Platform for Free Speech
  • Fighting Bot Proliferation

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March 30, 2023, 04:54:33 PM
 #84

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

Let's not confuse Elon's eccentric personality with his abilities and virtues, which he clearly has.
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March 30, 2023, 09:25:44 PM
 #85

Well, Elon Musk is literally a mental giant. This fall of Twitter value may be planned by him. He is always using tricks to manipulate public . I heard this genius businessman is currently investing millions of dollars on AI projects such as, Ai voice changer. It basically provides different types of voice overs. You will be able modify human's voice and change it with multiple options ( like, celebrities voices )
Futhermore, I am pretty sure he will come up with surprises in the near future but not related to Crypto in my opinion. He is no longer interested in this field. He already got what he wanted. But who knows? I might be wrong
However, It would better if you don't follow and believe his posts on anything related to crypto
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March 30, 2023, 09:45:32 PM
 #86

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

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

He’s genius but failing is inevitable because of poor decisions since he is just a human as well.
With this twitter investment, Elon probably made a huge mistake for now but let’s see if they can still have a good bounce back or else Twitter will value less compare to the value that Elon acquired this. There’s a lot of investors that support Elon, that can help him rise again. I’m expecting more hype from him, especially now that the banks are suffering from a big loss.
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March 30, 2023, 09:53:25 PM
 #87

The only drawback of what was conveyed by the OP is that there are no valid sources to strengthen everything that was conveyed in the Op. Elon Musk is not a person who gives up easily, he is very ambitious in what he wants.
Loss is not the goal of his business, his popularity will allow him to earn more than he has spent. Still remember how he boosted the popularity of dogecoin, I'm sure he's the single biggest whale of the increasing price of dogecoin.

indeed! i don't think he will ruin his business for nothing. he knows what he's doing so let's just wait what will happen next. he is one of the richest so he won't be in that position if he doesn't know his next steps.

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March 31, 2023, 02:23:20 AM
 #88

Fall of Twitter? LOL.. Which fall you guys are talking about? I am a regular user of Twitter, and I haven't noticed any large decline in the popularity in this platform. A few months back, Elon was complaining that some of the large advertisers had pulled out, after he purchased the platform. But many of them seems to have returned. And regarding the staff layoffs, it is not just Twitter. Amazon and Google have laid off far more employees when compared to Twitter. And the layoffs happened because these tech firms were overstaffed.

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March 31, 2023, 06:23:54 AM
 #89

Will Elon Musk sell Twitter cheaply, or will Twitter declare bankruptcy?
...

With the tough personality Elon has, I don't think he will choose the first option, as it might hurt his image as an entrepreneur who able to build any kind of company. The saga of buying twitter was catching attention worldwide, and he would look dumb if he sell it with lower price. Imo, the best option for Elon is turning Twitter back into its original form as a normal social media and hiring some professionals who have background directly related to social engineering.
Yes, before the start of the takeover, Elon Musk was aware that he would not immediately profit from Twitter. He is a smart entrepreneur with a lot of success stories. He will keep working and possibly switch some major changes again to Twitter for his long-term objectives. But naturally, he would not restore all of the old Twitter because the company was losing and it was already a failed venture. One of the businesses backing the bid of Elon Musk to acquire Twitter is Binance. They may have a wonderful concept, but they are unable to act at this time owing to the litigation and other issues that Binance has to resolve first.

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March 31, 2023, 07:09:36 AM
 #90

What is your concern?

Nothing bad gonna happen to Twitter. There are still some ads and a lot of people use them. There are a lot of users who came back to the platform because of Elon so the audience is getting bigger and people are interested in Twitter.

I think they will just find a new way to monetize Twitter. Considering how many people are using Twitter every day and creating content on this platform, I don't think it's gonna be a problem.
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March 31, 2023, 07:36:59 AM
 #91

Elon Musk of course has high ambitions when buying Twitter, Twitter's first target after buying Elon Musk is to become the biggest social media to beat the others, and from a financial perspective, I want to oblige customers who have a blue tick to pay regularly, unfortunately this is responded negatively by most users.

From one of the sources that I read, there are three reasons why Elon Musk wants to buy Twitter and I think the three reasons that I mean are very appropriate and also very natural for Elon Musk so he (Elon Musk) wants to buy Twitter. Because Reporting from the Washington Post, Elon Musk explained that the purchase of Twitter was not solely to make money. Musk mentioned that he doesn't care about the economy.

His intention to buy Twitter was based on his desire to have a public platform that users can trust to the maximum and be broadly inclusive. and the three reasons I mean based on sources from blog.amartha.com are as follows;
  • Making Twitter a Trusted Platform
  • Platform for Free Speech
  • Fighting Bot Proliferation


He is a top businessman in the world, he would never spend such a large amount of money to buy Twitter as a hobby without profit. He wants to make twitter a trusted platform, free speech or fight bots...It's all about providing a comfortable user experience and taking money from users in a way they feel comfortable. The sale of blue ticks is the clearest proof that he bought TW to make a profit and no other second reason. But I see that plan does not fail, people are actively using green ticks, and Facebook has imitated Twitter.

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March 31, 2023, 08:14:12 AM
 #92

Yes, before the start of the takeover, Elon Musk was aware that he would not immediately profit from Twitter. He is a smart entrepreneur with a lot of success stories. He will keep working and possibly switch some major changes again to Twitter for his long-term objectives. But naturally, he would not restore all of the old Twitter because the company was losing and it was already a failed venture. One of the businesses backing the bid of Elon Musk to acquire Twitter is Binance. They may have a wonderful concept, but they are unable to act at this time owing to the litigation and other issues that Binance has to resolve first.

Yeah we actually couldn't figure out yet the real intention of him bought Twitter, especially when he decided to not buy it and somehow changed his mind. I'm not really sure about this, but it might be related to the upcoming US election in 2024. In the previous presidential election in 2020, Twitter was proven censoring some news about Hunter Biden and of course it's an effective way for Democrat Party to support Biden's campaign. I know it's too early to conclude that, so let's see.


From one of the sources that I read, there are three reasons why Elon Musk wants to buy Twitter and I think the three reasons that I mean are very appropriate and also very natural for Elon Musk so he (Elon Musk) wants to buy Twitter. Because Reporting from the Washington Post, Elon Musk explained that the purchase of Twitter was not solely to make money. Musk mentioned that he doesn't care about the economy.

His intention to buy Twitter was based on his desire to have a public platform that users can trust to the maximum and be broadly inclusive. and the three reasons I mean based on sources from blog.amartha.com are as follows;
  • Making Twitter a Trusted Platform
  • Platform for Free Speech
  • Fighting Bot Proliferation


In fact he isn't doing what he has planned, which if he really doesn't care about the economy, what's the point of him to charge blue tick for twitter users then. Even it makes Twitter less trusted because anyone could buy that mark now. I think his purpose of buying Twitter is bigger than those lame reasons.

R


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March 31, 2023, 08:46:21 AM
 #93

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.
Yes Elon Fish is a very talented person and he knows how to run a business which is why he owns some big companies he bought Twitter I don't see any failing in him.  Because Twitter's market cap has increased by 7.64% this year from last year. But Facebook's marketcap is 13.70x more than Twitter's.  But I think as talented as Elon Musk is, after four/five years Twitter and Facebook will complete head to head in terms of market cap. Twitter being a secure social media has not yet gained as much popularity as Facebook, so Twitter's market cap is much lower than Facebook's.  However, if Twitter is used by big celebrities and heads of government of different countries, Twitter is very valuable in this site.



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March 31, 2023, 09:54:21 AM
 #94

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.
Yes Elon Fish is a very talented person and he knows how to run a business which is why he owns some big companies he bought Twitter I don't see any failing in him.  Because Twitter's market cap has increased by 7.64% this year from last year. But Facebook's marketcap is 13.70x more than Twitter's.  But I think as talented as Elon Musk is, after four/five years Twitter and Facebook will complete head to head in terms of market cap. Twitter being a secure social media has not yet gained as much popularity as Facebook, so Twitter's market cap is much lower than Facebook's.  However, if Twitter is used by big celebrities and heads of government of different countries, Twitter is very valuable in this site.
Competing with Facebook is a long time coming for Twitter.  Because after five years if Twitter goes to Facebook's position today.  But Facebook will not sit in this position for these five years.  After five years, Facebook will have improved a lot and its market cap will increase a lot.  So Twitter cannot be compared to Facebook in any way.  Facebook's new technology Meta is a technology with great potential for the future.  In terms of market cap, Facebook is at number of ranking is 9 but Twitter is at rank 413 which is a huge difference.


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March 31, 2023, 12:24:28 PM
 #95

In fact he isn't doing what he has planned, which if he really doesn't care about the economy, what's the point of him to charge blue tick for twitter users then. Even it makes Twitter less trusted because anyone could buy that mark now. I think his purpose of buying Twitter is bigger than those lame reasons.
In the end we can conclude that Elon Musk bought Twitter as nothing more than a business and what he wants to achieve is a much bigger financial level than before. Whatever other reasons he disclosed or did not convey, in the end, business people still pursue profit and nothing more.

In relation to politics it is absolutely undeniable that he will get something of an advantage even though he has to deal with power and maybe it's still too early to link this relationship, let's see if that has anything to do with this going forward.

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March 31, 2023, 07:19:26 PM
 #96

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.
Yes Elon Fish is a very talented person and he knows how to run a business which is why he owns some big companies he bought Twitter I don't see any failing in him.  Because Twitter's market cap has increased by 7.64% this year from last year. But Facebook's marketcap is 13.70x more than Twitter's.  But I think as talented as Elon Musk is, after four/five years Twitter and Facebook will complete head to head in terms of market cap. Twitter being a secure social media has not yet gained as much popularity as Facebook, so Twitter's market cap is much lower than Facebook's.  However, if Twitter is used by big celebrities and heads of government of different countries, Twitter is very valuable in this site.
Competing with Facebook is a long time coming for Twitter.  Because after five years if Twitter goes to Facebook's position today.  But Facebook will not sit in this position for these five years.  After five years, Facebook will have improved a lot and its market cap will increase a lot.  So Twitter cannot be compared to Facebook in any way.  Facebook's new technology Meta is a technology with great potential for the future.  In terms of market cap, Facebook is at number of ranking is 9 but Twitter is at rank 413 which is a huge difference.
It is true that Facebook is currently ahead of Twitter in many terms, but I think that in the long-term, Facebook may fall behind Twitter. Because Twitter platform is much more secure and powerful than Facebook for business and big projects. And since Elon Musk is only just getting started with Twitter, let's see where the latter is ahead of the competition. Moreover, I think one thing is that quality plays a bigger factor than quantity.

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March 31, 2023, 07:27:50 PM
 #97

It is true that Facebook is currently ahead of Twitter in many terms, but I think that in the long-term, Facebook may fall behind Twitter. Because Twitter platform is much more secure and powerful than Facebook for business and big projects. And since Elon Musk is only just getting started with Twitter, let's see where the latter is ahead of the competition. Moreover, I think one thing is that quality plays a bigger factor than quantity.
Twitter is superior to Facebook in terms of business and big projects, especially regarding crypto and stock indexes but Facebook is still focused on social media to interact in various activities, so the two competitors have different advantages and are not competitive with each other even though both are giant social media, everyone have accounts on both and of course the accounts are in different use cases, but the advantage of twitter is that every artist, project CEO, influencer, has an official account and they are active in responding to the responses on the twitter account.

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March 31, 2023, 10:36:49 PM
 #98

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.
Yes Elon Fish is a very talented person and he knows how to run a business which is why he owns some big companies he bought Twitter I don't see any failing in him.  Because Twitter's market cap has increased by 7.64% this year from last year. But Facebook's marketcap is 13.70x more than Twitter's.  But I think as talented as Elon Musk is, after four/five years Twitter and Facebook will complete head to head in terms of market cap. Twitter being a secure social media has not yet gained as much popularity as Facebook, so Twitter's market cap is much lower than Facebook's.  However, if Twitter is used by big celebrities and heads of government of different countries, Twitter is very valuable in this site.
Competing with Facebook is a long time coming for Twitter.  Because after five years if Twitter goes to Facebook's position today.  But Facebook will not sit in this position for these five years.  After five years, Facebook will have improved a lot and its market cap will increase a lot.  So Twitter cannot be compared to Facebook in any way.  Facebook's new technology Meta is a technology with great potential for the future.  In terms of market cap, Facebook is at number of ranking is 9 but Twitter is at rank 413 which is a huge difference.
It is true that Facebook is currently ahead of Twitter in many terms, but I think that in the long-term, Facebook may fall behind Twitter. Because Twitter platform is much more secure and powerful than Facebook for business and big projects. And since Elon Musk is only just getting started with Twitter, let's see where the latter is ahead of the competition. Moreover, I think one thing is that quality plays a bigger factor than quantity.
Yes Twitter is must secure social media that's why must of the reputable person use Twitter and Facebook is used by all common people. For this, Twitter marketcap is less but its reputation is much better than Facebook. After Elon Musk bought Twitter and introduced a paid system for verify badges, many users decided to quit Twitter, but they couldn't because of their huge fan following.  It's ridiculous that elon musk ex girlfriend's account was suspended. Elon Musk is a strange man


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Wakate
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March 31, 2023, 11:58:13 PM
 #99

sad to say but it is not only his business fell but also his reputation. due to his inconsistent behavior towards investment and even management as the owner of a company, a lot of investors don't want to risk their money on that. not only he lost his credibility but also a lot of workers refuse to work for him. if I were an employee too I wouldn't risk working for him knowing that there is no guarantee whether we rise or fall depends on our CEO. we all agree that he is a genius when it comes to developing things and predicting the future, also he is a visionary in some sense but does it make him a genius too when handling business? I didn't see any proof so far.
do we still think that Twitter had fallen? Nothing like that man and I can't still believe that many people thinks Elon Musk is not an happy man even with what had happened since all these while. I believe Elon Musk knows what he is doing and he's going to get to where is he's expiring to get to soon. There are a lot  of opportunities wait for him to get to where he wants to be and he will surely get there. Even though it looks like his business had fallen but I think he's a wise man that knows how to play his game very well. In few years coming Elon Musk may become the richest again with no one meeting him.

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April 01, 2023, 05:11:44 AM
 #100

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

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

elon musk is indeed a very genius person, many surprising things have been produced from elon's genius (tesla, Paypal, and spaceX). Having big companies like Tesla and Spacex proves that Elon Musk is indeed a genius. even as a child he could make a game called Blaster, since he was a child, Elon Musk has been fond of reading. so it's no wonder that everything that comes out of his mouth and all his actions are always in the spotlight that is hotly discussed.

and now regarding the matter of Twitter which has not escaped controversy, what Elon Musk did from the beginning intending to buy Twitter until the trial and finally buying Twitter, has always been in the spotlight. and lately elon musk has a new problem regarding his new asset (twitter). Twitter is now experiencing a significant decline after several months of being held by elon musk. whether it's intentional or not, but what's certain is that Elon isn't a god, of course he's the same as an ordinary human who has strengths and weaknesses.

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