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Author Topic: Elon Musk and the fall of Twitter  (Read 2971 times)
dothebeats
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March 26, 2023, 10:58:39 PM
 #21

He's been acting high and mighty after he's purchased Twitter. A lot of the users I came across in that platform are totally not happy with how Elon is handling the social media platform, especially its employees who are being laid-off everywhere. While the stock valuation of most of his companies are still doing good, I believe that one single mistake from the billionaire will see those prices tumbling. He's treading on dangerous areas right now, and if he's not very careful he may see his downfall sooner.

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March 26, 2023, 10:59:29 PM
 #22

Many geniuses are not suitable to be CEO of a firm.   He is a bit too domineering to really be the best head of a public communications company, I think he has admitted comms is not his greatest strength so it is a strange choice to buy at many billions over base worth.    I dont disagree he might make a profit (at great labor, time and effort) but its not been to the benefit of his Tesla shareholders for sure and that was duely noted by the wider market.

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March 26, 2023, 11:14:50 PM
 #23

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.

Twitter will not just go down at this point as long as there are still many users, because Twitter has also been a very popular social media platform for a long time. And Elon Musk is a smart person in several ways so he is always very aware of what he is doing and which sectors are still very weak to improve to be better.

People who want the destruction of all of Elon Musk's businesses are people who hate Elon Musk, while those who are able to make a partnership with Elon Musk certainly don't expect that to happen to Elon Musk because they also really want to continue doing business with Elon Musk. I think that Elon Musk, who has become rich, cannot be separated from his intelligence in running a business and seeing opportunities to advance his own business by entering into contracts with the parties he needs.

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March 26, 2023, 11:23:22 PM
 #24

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+.
Theirs concept i want to understand very well, is that Elon musk want to sell the twitter he bought or he wants sell shares, because it's well known that if Elon should sell Twitter right now he will be at negative side of it. So therefore i believe that information is not really concrete or i misunderstood the information.

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March 26, 2023, 11:26:57 PM
 #25

Without having to temper with Twitter features, Twitter was really doing great the way it was, and Elon Musk was also making good earnings from social media. He first said he was going to make Twitter a payment gateway that overshadows PayPal, and now his plans to sell it, (oh wow), this genius is just full of surprises, and I still believe he's got something he's working on; maybe he's noticed that Twitter could not work the way he'd expected. Lately, I can't change my Twitter password; it just becomes difficult to login because I've forgotten my password, and restoring the password is not just working.

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March 27, 2023, 03:50:03 AM
 #26

Elon Musk is a businessman and Twitter seems like a new industry for him but thinks that Im sure he make a Twitter profitable company. Since I hear that most of Twitter's revenue comes from ads.

And about the laid-off, I think this just does not happen to twitter alone even the biggest company like Google is laying off people Google laid off 12,000 employees across the globe - https://www.businesstoday.in/technology/news/story/why-me-googles-star-performer-laid-off-in-recent-wave-of-job-cuts-371754-2023-02-28


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March 27, 2023, 05:15:17 AM
 #27

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.

They are constantly making changes since Elon's takeover. It was working fine before but now they have made the user experience much worse in order to try and extract the most value from this platform. There is a ton more ads to make up for the advertisers that left and my feed is full of random people's tweets who I don't follow, which seems like a poor attempt to increase engagement.

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March 27, 2023, 05:21:44 AM
 #28

When it bought Twitter for $44 billion, there were many comments about its purchase of Twitter, wondering why a social media platform like Twitter should pay such a large sum of money. Now if the market value of Twitter is $20 Billion then it is a big loss for Elon Musk. But I don't think he calculates so much gain or loss. If he calculated profit or loss like this, he would not have bought Twitter knowing that he would have suffered a loss by buying Twitter, and from what I know of Elon Musk, he is never one to give up.
I hope that the purpose for which he purchased the twitter platform with such a huge amount of money will be fulfilled.
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March 27, 2023, 05:44:06 AM
 #29

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.

They are constantly making changes since Elon's takeover. It was working fine before but now they have made the user experience much worse in order to try and extract the most value from this platform. There is a ton more ads to make up for the advertisers that left and my feed is full of random people's tweets who I don't follow, which seems like a poor attempt to increase engagement.
I guess it came from internal sabotage after Elon cut over 70% of staff since taking over.  Maybe Elon has recognized the problem, but the internal processing time is still not stable, the service of twitter continues to degrade.  Nothing major has changed to twitter's reach and reach since Elon acquired Twitter but I don't think Elon will let things fall apart so simply. I still expect to see them announce the NFT tweet Tiles feature soon and crypto adoption as a form of payment for the platform.

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March 27, 2023, 06:37:37 AM
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 #30

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+.

Please don't take it otherwise to those who are Elon supporters. I myself will not deny his contribution to the crypto world. He is a successful businessman but if he applies the same strategy everywhere as he does in other businesses, the results may not be good there. His loss on Twitter is nothing but his strategy was definitely wrong. If you notice that SpaceX has no competitors then he can succeed in whatever way he chooses, but unlike social media, there are a lot of competitors in this platform. Most of the users were against the decisions that were taken with his Twitter and as a result he was forced to lower the price of Twitter. I am providing a link to finance.yahoo as a reference.
Sorce: https://finance.yahoo.com/news/elon-musk-puts-20-billion-005335181.html

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March 27, 2023, 06:49:45 AM
 #31

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.

They are constantly making changes since Elon's takeover. It was working fine before but now they have made the user experience much worse in order to try and extract the most value from this platform. There is a ton more ads to make up for the advertisers that left and my feed is full of random people's tweets who I don't follow, which seems like a poor attempt to increase engagement.
I guess it came from internal sabotage after Elon cut over 70% of staff since taking over.  Maybe Elon has recognized the problem, but the internal processing time is still not stable, the service of twitter continues to degrade.  Nothing major has changed to twitter's reach and reach since Elon acquired Twitter but I don't think Elon will let things fall apart so simply. I still expect to see them announce the NFT tweet Tiles feature soon and crypto adoption as a form of payment for the platform.
of course there will be changes that are interconnected, at first there might be turmoil that is normal, but we don't know what strategy Elon Musk will implement. I don't think he'll be careless about dropping Twitter, but that's the way to go for his success, just like when he catapulted Doge, no one knew about his plans.

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March 27, 2023, 08:17:49 AM
 #32

Theirs concept i want to understand very well, is that Elon musk want to sell the twitter he bought or he wants sell shares, because it's well known that if Elon should sell Twitter right now he will be at negative side of it. So therefore i believe that information is not really concrete or i misunderstood the information.

Why would he sell Twitter now? He is now conducting some kind of activity there, changing something, I hear from many that their accounts are blocked, most likely this is not a very correct work of bots, but still. He wants to make twitter better, and right now I understand he's fighting to purge twitter of questionable accounts. Let's see where it leads, but so far I see that for the mask this is just a new toy, and so far she hasn't bothered him.

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March 27, 2023, 08:59:27 AM
 #33

Twitter is under Elon Musk management for less than half a years. I think it is early to say about fall of the Twitter or that that deal in October 2022 was a failure. This is a long lasting investment. This is like comparing Bitcoin price for 6 month period. Indeed it does not look like a best investment. I think we still need to wait a couple of years before making such loud accusations that Elon has lead Twitter to an end. Despite purchasing Twitter and changing its head management, he hasnt done anything that might really lead to a fall.

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March 27, 2023, 09:01:08 AM
 #34

Please don't take it otherwise to those who are Elon supporters. I myself will not deny his contribution to the crypto world. He is a successful businessman but if he applies the same strategy everywhere as he does in other businesses, the results may not be good there. His loss on Twitter is nothing but his strategy was definitely wrong. If you notice that SpaceX has no competitors then he can succeed in whatever way he chooses, but unlike social media, there are a lot of competitors in this platform. Most of the users were against the decisions that were taken with his Twitter and as a result he was forced to lower the price of Twitter. I am providing a link to finance.yahoo as a reference.
Sorce: https://finance.yahoo.com/news/elon-musk-puts-20-billion-005335181.html


I have also heard many news which are criticizing Elon Musk polices after he take ownership of twitter like payment of monthly fee for blue tick. But I don't think there is decline in popularity of twitter at least in my country i.e. Pakistan. People are still using it as a tool where they can share their opinion or raise voice against government policies and twitter has not changed any stance on it. We need to wait for a year or two to see the financial impact of Elon Musk policies on twitter. Till then we can enjoy this platform.

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March 27, 2023, 09:05:33 AM
 #35

From a producer of SpaceX and Tesla, you believe that selling Twitter is a big loss for him? I am not even talking about the money but the kind of skills this man possesses, he is like no other and this is not a failure, believe me, this man is one in a million because he has never run out of good ideas before, let's wait and see, because what he will unfold next will be surprising, fingers crossed.

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March 27, 2023, 09:25:28 AM
 #36

I completely agree with your point about Elon Musk's disregard for public sentiment. This has led to many problems for his companies in the past, and buying Twitter could be another example.

My concern is that the stock prices of Elon Musk's companies are affected by bad business decisions. This could pose a risk to investors and could lead to a loss of public confidence in him and his companies. If Elon Musk doesn't learn from his mistakes and doesn't respect public sentiment, this could have dire consequences for his career and companies in the future.
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March 27, 2023, 10:49:46 AM
 #37

I would not agree that this is some kind of complete downfall of this company, but that Mr. Mars only decided on one move in which he tries to increase the value of the company by offering employees to buy so-called "stock grants".  What the OP missed was that another internal memo allegedly appeared in which Mr. Mars states the following:

Quote
In his latest memo, he also told staff: “I see a clear, but difficult, path to a >$250B valuation,” which would imply a tenfold increase in share value.
Source

From everything we can read, it can be concluded that T is not currently worth as much as it was paid for, but I doubt that its value has halved in such a short time.

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March 27, 2023, 11:33:06 AM
 #38

Elon is Elon no matter what happened to twitter assets he bought, he is a smart guy and knows what his doing at it. Still, he is the richest man on earth so he don't mind that twitter right now, in fact he has lots of plan to twitter. So, we just have to stick around of what he is planning into especially on doge integrations and crypto features as well.

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March 27, 2023, 11:40:17 AM
 #39

Elon is Elon no matter what happened to twitter assets he bought, he is a smart guy and knows what his doing at it. Still, he is the richest man on earth so he don't mind that twitter right now, in fact he has lots of plan to twitter. So, we just have to stick around of what he is planning into especially on doge integrations and crypto features as well.

Earlier on the deal for sure Elon find a potential of twitter since he know that social media is a powerful tool for him to expand more his influence but maybe he find so technical about it that's why he drop that decision to let go of it at cheaper price than he bought it. But its still Elon he's so influential and rich so provably there are other things caught his attention which is worth to take focus with. If this is the downfall of twitter maybe this company will only fall but not Elon Musk.

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March 27, 2023, 12:14:07 PM
 #40

I see in the situation that Elon Musk's strategies are failing. He is a genius perhaps but not all had worked according to his plan and certainly not all things can be controlled.  He is great to others but not all. But we can't underestimate Elon Musk due to his experience and brilliant ideas when it comes to business. But as I said, despite all of the good deeds he did in many businesses he owned and with the busy life he has, sometimes he misses managing others. Let us assume that he has no longer interested in Twitter and that is might the reason for deciding to sell despite the losses.

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