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Author Topic: Elon Musk and the fall of Twitter  (Read 2971 times)
Rabata (OP)
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March 26, 2023, 10:00:35 AM
Merited by fillippone (2), EarnOnVictor (1)
 #1



Elon Musk has been in various complications since purchasing the popular social media Twitter. After purchasing the social media he imposed various restrictions on the intention of the users. Since becoming the owner of Twitter, by eliminating employer he tried to reduce the company's costs. No one including the users could accept his various thoughts regarding on twitter. As a result, today he has to announce the sale of his Twitter at half of the buy price. $44 billion Twitter is now $20 billion. Elon Musk has made such an offer to sell shares to Twitter employees.

Elon Musk cofounded and his four popular companies are Electric car maker Tesla, Rocket producer SpaceX, Tunneling startup Boring Company and
Twitter

He may be a big businessman but nothing can be imposed ignoring the sentiments of common people. Since Elon Musk's purchase of Twitter, 14 of the 30 companies that have served as advertisers they have stopped promoting in twitter. Naturally, Twitter's revenue has declined and is likely to further decline in the coming days.


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?

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March 26, 2023, 11:43:04 AM
 #2

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.

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March 26, 2023, 12:45:53 PM
 #3

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.

Elon Musk got like millions of money so probably he know what he is doing.

I think it's a good call to buy twitter since many traders and investor are active at twitter. Its like when he mentioned the dogecoin and it pumped so hard. He could easily make calls for him to decide to manipulate the market and values. And it's true that maybe his other companies could get affected by his decisions still it will be the reason of the rise of other companies.

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March 26, 2023, 01:09:06 PM
 #4

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.









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March 26, 2023, 01:59:51 PM
Merited by Rabata (2)
 #5

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.

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March 26, 2023, 02:08:51 PM
Merited by Sexylizzy2813 (3), Iroh (2)
 #6

 You know, at the end of the day, this act by Elon just portrays the image of a rich, spoiled kid who wants new toys at every whim; he gets bored, he discards and looks for another more interesting toy that tickles his fancy. I could clearly remember when the sale of Twitter was like the only trending news since it was being purchased by business tycoon and dogecoin crusader, Elon Musk but now, I've kinda forgotten he purchased the app, hehe.
 Also, according to companies market Cap , it's being ranked 399th amomgst valuable companies and price value dropped to $41.09bn. Let's just say his magical flair for saving businesses didn't hit Twitter right.

R


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March 26, 2023, 03:00:02 PM
 #7

I am not sure about the figures shared by the Op I can assure you Ellon musk is not a personality who will deal with the loss, In my view, Twitter is not the same as before and there are many things Ellon musk can do with Twitter. Also, this is a fact is not every business does its best in profit-making. Also, I am a little bit confused about how you are calculating the Twitter capital value because I can't see any changes in the share price there are minor drops and the capital value is also $41B+.

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March 26, 2023, 03:06:12 PM
 #8

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.

He was too eccentric and became so rich that he was often hated by many, many of whom laughed and prayed that he would collapse every time his company was in trouble. But I also believe that he knows what he is doing, he cannot simply become the richest man in the world. The business has ups and downs, can't go smoothly forever, don't just because of some bullshit news in the press that says Twitter will fall.
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March 26, 2023, 04:19:32 PM
 #9

Naturally, Twitter's revenue has declined and is likely to further decline in the coming days.

From what is on that graph, it isn't looking like there's a decline in revenue from Twitter. If anything, it's looking like revenue is on a steady rise instead. Come to think of it, this period is a time where most companies aren't finding it easy with inflation and all that on the increase. I know that a lot of people didn't like the shakeup at Twitter when Musk took over but that's what should happen during a takeover by a new owner. In all of this, I still believe the ingenuity of Elon Musk to turn any bad situation to a great one. He isn't the richest man on the globe by luck. Dude knows what he's doing.

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March 26, 2023, 04:32:53 PM
 #10


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?

His failure on Twitter doesn’t implied that his other companies will be affected since they are different industries and most of them is on top notch with their unique feature. Failure is part of investment especially on a guy like him that usually invest on company that can give huge impact to the mankind.

I believe Elon intention on twitter is good but the politics on US kills his ideology to have uncensored public information.

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March 26, 2023, 05:19:53 PM
 #11

~
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?

For a genius that he is... I think there he has good reason why he has offered to sell twitter for half the price because to me Elon does not appear to be the kind of man that does something without having a solid reason behind it, although what have had planned with twitter didn't go well.
And I also agree with you that he neglected public sentiments and also most of his action made twitter looked like a place without freedom, because if anyone should go against him the person would risk losing his account.


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March 26, 2023, 06:08:03 PM
 #12

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.

Yes, Elon Musk has a personality that is quite unique, it is likely that he will surprise his followers, I feel that I have such expectations, but if you look at the condition of the company he has held to this day, it has experienced a fairly high decline, including Tesla, which is the main focus. has a decline in stocks to free fall to the bottom, so that the status of the richest man is no longer within him.

~
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?

For a genius that he is... I think there he has good reason why he has offered to sell twitter for half the price because to me Elon does not appear to be the kind of man that does something without having a solid reason behind it, although what have had planned with twitter didn't go well.
And I also agree with you that he neglected public sentiments and also most of his action made twitter looked like a place without freedom, because if anyone should go against him the person would risk losing his account.

A good reason as he suggests, most likely selling Twitter to cover losses or raise funds for his old company, is that it is impossible for a skilled businessman to pursue such a strategy I thought I needed some logical enlightenment.

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March 26, 2023, 07:42:10 PM
 #13

Am I the only one who just noticed the delete function is no longer available?
I can't really say whenever exactly this function was removed but I only noticed it today. To be honest, am not very have especially with this changes, I can say this has affected me directly, other changes he made around twitter has no direct impact on me as this does. Elon needs to be careful with these several changes before he makes the platform unusable.

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March 26, 2023, 08:46:34 PM
 #14

Did he really plan to sell $20B for the entire stocks he's got with Twitter? AFAIK, he's sold $4B of shares and I just learned of it when I searched it when saw this topic. Well, no doubt that he's a great businessman but sometimes we don't see where he is coming from and his visions. If it's for real that he's trying to sell the entire holdings he's got for Twitter for less than the amount he's paid for it, maybe that's his way of admitting that he's tired of this company. But as a businessman, I don't think that he's doing that just to cut loss and before purchasing it, he has thought of it a hundred times. That's why if he ever says that he's willing to sell all of it, I doubt it. He even said that he's willing to step down as CEO but did he?

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March 26, 2023, 08:57:05 PM
 #15

I knew there would be a problem right from the first day he purchased the twitter because he thought he can manipulate twitter just as he does with altcoin project but never because there are more to learn. I believe the previous owner of twitter may not reveal those secret to him and believe me or not, if time not taken the previous owner will come back to buy his company back if Elon Musk wants to sell it back again. His problems started when he sack those staff and i believe they are the bed rock of twitter and they knows how to manage it properly unlike those he employed now coupled with those restrictions he sets to limits people. As for me I never thought he could so such a thing without him sourcing to know the secret behind twitter before sacking any of the workers.

You can't used the knowledge of a banker to go become a Doctor talk less of wanting to carry out a surgical operation without enrolling back to studying those things over the years before implementing new rules.

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March 26, 2023, 09:09:07 PM
 #16

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.


All indications indicate that the Twitter deal is a loser and that it was in a kind of show. Elon Musk is a genius in his management of projects with new and ambitious ideas such as Tesla and SpaceX, but his adventure with social media platforms was not very genius since the company had not generated revenues for years before its purchase and that the price offered was imaginary that exceeded its real value. Even if he succeeds in saving Twitter from the difficulties it is going through, this may cost more time, more effort, and huge capabilities, much more than what was initially planned.
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March 26, 2023, 09:38:26 PM
 #17

Naturally, Twitter's revenue has declined and is likely to further decline in the coming days.

From what is on that graph, it isn't looking like there's a decline in revenue from Twitter. If anything, it's looking like revenue is on a steady rise instead. Come to think of it, this period is a time where most companies aren't finding it easy with inflation and all that on the increase. I know that a lot of people didn't like the shakeup at Twitter when Musk took over but that's what should happen during a takeover by a new owner. In all of this, I still believe the ingenuity of Elon Musk to turn any bad situation to a great one. He isn't the richest man on the globe by luck. Dude knows what he's doing.

I second your observation.  From the graph, it looks like Twitter revenue is still uptrending, the graph shows not a decline but a slowing down of profit growth.  It is due to the reached audiences.  Since the majority of the population had been reached in its earlier years and the competition got tighter in the recent year, the revenue growth somehow slows down. Or some done deals that haven't been renewed or replaced yet.  That flow is normal especially when Twitter already reached its peak the trend will surely slow down.

Those company that stops promoting on Twitter will surely be replaced by other company.  I still think twitter's influence and marketing power is still on its peak.  These companies that stop promoting on Twitter are probably fueled by some propaganda or their contract is finished.

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.


All indications indicate that the Twitter deal is a loser and that it was in a kind of show. Elon Musk is a genius in his management of projects with new and ambitious ideas such as Tesla and SpaceX, but his adventure with social media platforms was not very genius since the company had not generated revenues for years before its purchase and that the price offered was imaginary that exceeded its real value. Even if he succeeds in saving Twitter from the difficulties it is going through, this may cost more time, more effort, and huge capabilities, much more than what was initially planned.

I think it is expected because twitter first move is to clear its platform of idle accounts and clear its office of employees.  Regardless, I believe Elon Musk is not showing any distress or problem on the status of Twitter.  It simply shows he know what he is doing.  Besides, it takes time for a company to rebound when it cleans its system.

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March 26, 2023, 09:40:41 PM
 #18

About 4.9% of Twitter's shares were owned by Musk as of 2021, which represented approximately 22.4 million shares. Considering his frequent purchase and sale of shares of various companies, it's possible that his ownership stake has changed since then. It's likely, however, that Musk's opinions and actions will have some impact on public discourse and political discussions, given his high profile and influence as the CEO of several prominent companies. In addition to affecting his business, this involvement seems to have a negative impact on it in the future.
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March 26, 2023, 09:58:54 PM
 #19

selling shares to employees is not a good thing here where Elon can give space to his employees to own shares where he works, I'm sure Elon has its own goals behind all of this, as we know Elon will not experience high losses.
can you provide real data numbers

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March 26, 2023, 10:57:00 PM
 #20

This isn't even his first failure. Before that there was Hyperloop and Boring Company. And the mistakes that he make are really amateurish. To the point when I'm wandering if SpaceX and Tesla succeed not because of Musk but despite of him. And maybe one day they will too lose half of their value when Musk announced some stupid changes that fundamentally change the relationship with customers for worse.

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