Can Twitter Stock Experience the same Rise?

[tbct_mt2]

The platform has been achieving annual losses since 2011 and has only achieved revenues for two consecutive years during the Corona period (quarantine), then its revenues declined further during the first half of the current year 2023 by 50 percent, despite the fact that Elon Musk’s decisions were to lay off half of the employees and impose fees on Authentication marks.

I don't know did Musk read those financial reports before he tweeted that he will buy Twitter and stucked with that deal?

If Elon actually read such reports but still wanted to acquire Twitter, he did it for his vision to build his super application X. Buying Twitter is his first step to build up X ecosystem, all in one like he tweeted.

These measures led to the opposite results than what was expected, and the most important thing that happened was the decline in the number of users of the platform, including well-known companies. What can be expected from a platform that loses and still needs financial support?

I think the decision of Elon Musk to lay off half of Twitter staffs months ago as well as tried to sell some assets of Twitter are good decisions.

However it has side effects that serious decisions which were made abruptly by Elon Musk caused a lot of fear in Twitter investors as well as companies, corporations that want to advertise on Twitter. Twitter lost a lot of advertisement deals after latest strategic changes from Elon Musk.

The "X" rebranding is one of the dumbest things I have seen from a company. The brand name is part of the network effect that has made Twitter into one of the largest social media platforms. He is trying to turn it into an app that does more than just social media but if the core part of what attracted people in the first place is being run so poorly how can we really expect X to have success building on top of the current foundation. Twitter is already losing a lot of money and they will lose more by adding new features nobody really asked for.

He is obsessed with the name X years ago with one of his companies and X.com used to be a domain name of Paypal. Elon Must planed to build up X like a supper app that is a USA. version of Wechat. He will not build it as a copy cat of Wechat from China but he wants to have such massive usability for his X and Twitter is a first brick for his X.

Elon will add more products on top of Twitter, now X.

[NotATether]

The "X" rebranding is one of the dumbest things I have seen from a company. The brand name is part of the network effect that has made Twitter into one of the largest social media platforms. He is trying to turn it into an app that does more than just social media but if the core part of what attracted people in the first place is being run so poorly how can we really expect X to have success building on top of the current foundation. Twitter is already losing a lot of money and they will lose more by adding new features nobody really asked for.

He is obsessed with the name X years ago with one of his companies and X.com used to be a domain name of Paypal. Elon Must planed to build up X like a supper app that is a USA. version of Wechat. He will not build it as a copy cat of Wechat from China but he wants to have such massive usability for his X and Twitter is a first brick for his X.

Elon will add more products on top of Twitter, now X.

I wonder where Elon's getting his cash from for running X because this service is losing billions of dollars on a yearly basis. Maybe his Saudi investors are just shouldering the loss, because otherwise there's no way that this operating loss can continue to be accumulated over time as eventually the other investors would just back out.

At this point, I'm thinking that it could even be under the umbrella of the Public Investment Fund in the future if it isn't already, like Uber.

[coupable]

The platform has been achieving annual losses since 2011 and has only achieved revenues for two consecutive years during the Corona period (quarantine), then its revenues declined further during the first half of the current year 2023 by 50 percent, despite the fact that Elon Musk’s decisions were to lay off half of the employees and impose fees on Authentication marks.

I don't know did Musk read those financial reports before he tweeted that he will buy Twitter and stucked with that deal?

If Elon actually read such reports but still wanted to acquire Twitter, he did it for his vision to build his super application X. Buying Twitter is his first step to build up X ecosystem, all in one like he tweeted.

These measures led to the opposite results than what was expected, and the most important thing that happened was the decline in the number of users of the platform, including well-known companies. What can be expected from a platform that loses and still needs financial support?

I think the decision of Elon Musk to lay off half of Twitter staffs months ago as well as tried to sell some assets of Twitter are good decisions.

However it has side effects that serious decisions which were made abruptly by Elon Musk caused a lot of fear in Twitter investors as well as companies, corporations that want to advertise on Twitter. Twitter lost a lot of advertisement deals after latest strategic changes from Elon Musk.

I do not think that Elon Musk has ignored all these reports about the financial situation of the Twitter platform, and perhaps on the basis of that he thought of buying it. The problem is not in buying the platform, because there are certainly ways to address its situation and work to fix it, but this is not supposed to include proposing an imaginary price for the deal that the first owners of the platform did not dream of. Also, the first decisions that were taken did not lead to satisfactory results, on the contrary, the platform crisis increased.
Whatever Elon Musk's dreams and their ability to be realized, I am still convinced that his entry into the social media market was not his wisest decision, and that the repercussions of that began to appear early.

[marcous]

I wonder where Elon's getting his cash from for running X because this service is losing billions of dollars on a yearly basis. Maybe his Saudi investors are just shouldering the loss, because otherwise there's no way that this operating loss can continue to be accumulated over time as eventually the other investors would just back out.

At this point, I'm thinking that it could even be under the umbrella of the Public Investment Fund in the future if it isn't already, like Uber.

It's true that I also ask the same thing because in a lot of news in the media, Twitter suffers a lot of losses every year. Their newest source of income is just premium users or Twitter Blue. The latest Twitter is changing the Logo Platform or Rebranding, many say this seems like killing themselves and is quite dangerous for their financial position.

It could be that if this right decision will bring Twitter to significant profits, Elon Musk plans to make X a superapp. X will provide a new feel for users, maybe the shape is close to social media commerce or the like.

[JoyMarsha]

Until now the app called thread is unusable like there is no search apart from user profiles and also most of the users are redirected from Instagram which is also owned by Meta/Mark so the numbers are too huge with no engagement at all. To keep the members alive they need to make changes as soon as possible or else the threads app will become just another Instagram.

Twitter is also struggling due to multiple factors and Mark took this as opportunity to launch a killer app.

The killer app that we thought would rival Twitter ends up failing. Elon Musk is currently exerting every effort to turn Twitter into a "Everything App."
The attention that Thread drew in a mass number of users, during her early creation, has reduced quite significantly. Many of its users on Instagram have realized that there is nothing remarkable that makes it beat or compete with Twitter. Just within a month, the hype that was given to Thread is far gone and nobody seems to talk about her. 

[o48o]

The "X" rebranding is one of the dumbest things I have seen from a company. The brand name is part of the network effect that has made Twitter into one of the largest social media platforms. He is trying to turn it into an app that does more than just social media but if the core part of what attracted people in the first place is being run so poorly how can we really expect X to have success building on top of the current foundation. Twitter is already losing a lot of money and they will lose more by adding new features nobody really asked for.

Imagine how pissed off he will be when people keep using old name and old terms. He literally managed to kill twitter. It's a brand that took 16-17 years to build. Changed it to brand name and to logo X, that he can't most likely even own as it's from a font pack and microsoft owns the rights for brand "X" in social media context.

He really should have kept more staff preventing him to do what ever. I am guessing that his most successful firms are running because there are people buffering between him and actual engineers.

[Sayeds56]

It is true that Elon musk's some experiments with twitter didn't go well for the company and led to controversies. However, it is possible that something better and innovative is in the works, which will provide customers with more flexibilities and options. As a visionary and creative entrepreneur, he is well aware that we are living in a highly competitive world, hence there is a possibility new changes in twitter might get a better response from its users and adds value to its stock and overall market perception..

[dansus021]

It is true that Elon musk's some experiments with twitter didn't go well for the company and led to controversies. However, it is possible that something better and innovative is in the works, which will provide customers with more flexibilities and options for the customers. As a visionary and creative entrepreneur, he is well aware that we are living in a highly competitive world, hence there is a possibility new changes in twitter might get a better response from its users and adds value to its stock and overall market perception..

yeah I also agree with you because Elon Musk is a businessman and I remember when he got an interview about spaceX and he said that I never give up and now we can see that SpaceX is success as a private spaceflight.

Secondly maybe also happen to Twitter he not going to buy blindly without knowing what he doing, maybe there is something going on. and after the deal elon musk has privatized the twitter so there no Twitter stock right now and the financial statement out there could be wrong because the private company not going to report their financial statement

[Smack That Ace]

It is true that Elon musk's some experiments with twitter didn't go well for the company and led to controversies. However, it is possible that something better and innovative is in the works, which will provide customers with more flexibilities and options for the customers. As a visionary and creative entrepreneur, he is well aware that we are living in a highly competitive world, hence there is a possibility new changes in twitter might get a better response from its users and adds value to its stock and overall market perception..

yeah I also agree with you because Elon Musk is a businessman and I remember when he got an interview about spaceX and he said that I never give up and now we can see that SpaceX is success as a private spaceflight.

Secondly maybe also happen to Twitter he not going to buy blindly without knowing what he doing, maybe there is something going on. and after the deal elon musk has privatized the twitter so there no Twitter stock right now and the financial statement out there could be wrong because the private company not going to report their financial statement

The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?

I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.

[wxa7115]

It is true that Elon musk's some experiments with twitter didn't go well for the company and led to controversies. However, it is possible that something better and innovative is in the works, which will provide customers with more flexibilities and options for the customers. As a visionary and creative entrepreneur, he is well aware that we are living in a highly competitive world, hence there is a possibility new changes in twitter might get a better response from its users and adds value to its stock and overall market perception..

yeah I also agree with you because Elon Musk is a businessman and I remember when he got an interview about spaceX and he said that I never give up and now we can see that SpaceX is success as a private spaceflight.

Secondly maybe also happen to Twitter he not going to buy blindly without knowing what he doing, maybe there is something going on. and after the deal elon musk has privatized the twitter so there no Twitter stock right now and the financial statement out there could be wrong because the private company not going to report their financial statement

While this is a fine explanation, Twitter could also be the beginning of the end for Elon, one of the thing with those which believe to have the Midas touch is that eventually they invest in markets in which they do not really have any knowledge about them, make a bad purchase and spend too much effort trying to remedy their mistake instead of simply admitting they were wrong.

And this could happen to Elon, because as brilliant as he is as a businessman, he is not infallible, and Twitter could become a very expensive mistake for Elon.

[Iroh]

The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?

I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.

Haven’t you heard? The bird is leaving the picture and there won’t be a twitter anymore. X is going to taking over the spotlight. For how long, I don’t know.
When you proclaim Elon to be a genius, it’s obvious you’re a fan as it’s also obvious(to me at least)from your post that you're defending his poor handling of twitter since he took over.

I wouldn’t exactly say people are gloating over the fact that Twitter seems to be going downhill since Elons takeover. And you’re right, business isn’t always smooth.
About taking twitter back to its old glory days, I think that ship has long sailed. Twitter may never go back to how it used to be and that’s currently being proven by its future rebranding from a bird to an X.

[dothebeats]

The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?

I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.

Haven’t you heard? The bird is leaving the picture and there won’t be a twitter anymore. X is going to taking over the spotlight. For how long, I don’t know.
When you proclaim Elon to be a genius, it’s obvious you’re a fan as it’s also obvious(to me at least)from your post that you're defending his poor handling of twitter since he took over.

I wouldn’t exactly say people are gloating over the fact that Twitter seems to be going downhill since Elons takeover. And you’re right, business isn’t always smooth.
About taking twitter back to its old glory days, I think that ship has long sailed. Twitter may never go back to how it used to be and that’s currently being proven by its future rebranding from a bird to an X.

I was just about to go back here and say that. You're right, Twitter will not go back to its old days when it used to dominate other social platforms. The new changes that comes with the rebranding of Twitter to X throws a lot of users off. Many are slowly leaving Twitter to use Instagram or Threads.

So I think this one is a pretty bad move from Elon.

[Sayeds56]

The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?

I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.

While, It is true that financial statement reflect the true financial condition of a company for a specific period. However, the stock price of a company not necessarily shows its true value, as generally stock markets operate on perception and sentiments driven by big players. A notable example is covide-19 era, when stock market went bullish despite global economy facing significant challenges. Another crucial factor is, rising interest rates, which is affecting profitability of many sectors of the economy. Looking ahead , we should wait for the release of new version of twitter, and how it comes up to expectations of its users. This significant aspect could potentially determine the future prospects of twitter.

[posi]

The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?

I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.

Haven’t you heard? The bird is leaving the picture and there won’t be a twitter anymore. X is going to taking over the spotlight. For how long, I don’t know.
When you proclaim Elon to be a genius, it’s obvious you’re a fan as it’s also obvious(to me at least)from your post that you're defending his poor handling of twitter since he took over.

I wouldn’t exactly say people are gloating over the fact that Twitter seems to be going downhill since Elons takeover. And you’re right, business isn’t always smooth.
About taking twitter back to its old glory days, I think that ship has long sailed. Twitter may never go back to how it used to be and that’s currently being proven by its future rebranding from a bird to an X.

I was just about to go back here and say that. You're right, Twitter will not go back to its old days when it used to dominate other social platforms. The new changes that comes with the rebranding of Twitter to X throws a lot of users off. Many are slowly leaving Twitter to use Instagram or Threads.

So I think this one is a pretty bad move from Elon.

I have the opposite opinion, Elon rebranded Twitter because he wanted something bigger and we should not jump to conclusions when everything is still unknown.

I'm a longtime Twitter user, although the recent changes make me uncomfortable, I'm fine with my free account. Can you tell me, who is leaving Twitter and using Threads? As I can see, people were excited in the early days of Threads' launch but then they rushed back to Twitter.
We don't need to find evidence far away, let's take ourselves as evidence. I tried with Threads and also deleted it shortly after because it was so bad. And you, which one are you using?

[khiholangkang]

The financial statements are not wrong, Twitter is losing money is true, but that doesn't mean it's dead or Elon has failed. I find it quite amusing that so many people have started criticizing or gloating when Twitter has gone downhill since it was acquired by Elon. But they forget that business is not always smooth, especially when we are going through a severe economic crisis. Maybe he and Twitter are going through tough times, but I don't think he would be stupid to spend $46 billion without knowing what he's doing. Don't forget that he is the richest man in the world and he runs 5 different companies. Meanwhile, who are the people who laugh at him, and what success have they achieved?

I'm not defending him nor being a fan of him but we need to look at the fact that he is a genius and I believe he will soon bring Twitter back to its glory days.

While, It is true that financial statement reflect the true financial condition of a company for a specific period. However, the stock price of a company not necessarily shows its true value, as generally stock markets operate on perception and sentiments driven by big players. A notable example is covide-19 era, when stock market went bullish despite global economy facing significant challenges. Another crucial factor is, rising interest rates, which is affecting profitability of many sectors of the economy. Looking ahead , we should wait for the release of new version of twitter, and how it comes up to expectations of its users. This significant aspect could potentially determine the future prospects of twitter.

I identify that indeed the Covid-19 era is the peak in all areas of stocks, crypto and others, and I think that is because there is a large supply of money circulating in society, which on average is also that the increase in investors is very high, it shows the situation that many people who put their money into investment assets, what happened to Twitter is the same, and I think it's unfair if only Twitter is highlighted, there are still many other companies in the same field that have experienced a significant decline after Covid19 ended, and money started to be withdrawn by the government by raising interest rates, which is a step to stabilize the circulation of money.

So in my opinion it is normal in the cycle that occurs in the world of stocks today, including bitcoin, and of course if Twitter is still productive and in the future, of course it will definitely increase again to their highest point last year.

[eaLiTy]

~
I don't see the price of twitter stock increasing any time soon unless Elon passes the ownership over to someone more capable than him, and someone who really knows how to run a social media business more than charging people 8 bucks so they could enjoy the full experience that they were able to anyway before he came in.

Spoiler alert, Twitter is not listed in stock exchanges anymore once Elon Musk purchased them for $44 Billion and now it is a private company. It was a blunder to spend this much money to purchase Twitter and he has to find ways to recover the amount and with the advertisers moving away it was his idea to charge for a blue tick with some extra perks.

[rat03gopoh]

I was just about to go back here and say that. You're right, Twitter will not go back to its old days when it used to dominate other social platforms. The new changes that comes with the rebranding of Twitter to X throws a lot of users off. Many are slowly leaving Twitter to use Instagram or Threads.

So I think this one is a pretty bad move from Elon.

I assess Elon Musk's competency more on technology innovations oriented towards real use, remember that he acquired Twitter out of "compulsion"^[1].
So, I don't see Twitter's recent changes as initiatives to beat competing platforms, it's nothing more than random ideas from quick thoughts. For the richest man in the world, losing Twitter's valuation probably won't bankrupt him.


1. https://techcrunch.com/2023/04/12/elon-musk-admits-he-only-bought-twitter-because-he-thought-hed-be-forced-to

[Poorman2]

 My Twitter Account Limit Reached problem i can't seem to resolve this at all, I would greatly appreciate it if the veterans could give me a little more detail.

[teosanru]

Some few days ago, Mark Zuckerberg launched a new app called Thread. The whole netzines are wondering what his intention. Could this be an experiment. The shocking though expected of it is that a few hours after it was launched, it recorded success both in the number of users who signed up to use the app and most importantly on Meta's stock. However, looking critically at the app we can it is obvious that it is merely Instagram clone.

We already know that there is some bad blood between Meta and Twitter. Or Mark Zuckerberg and Elon Musk. Given this, I would like for us to discuss this, if Elon Musk decides to launch a clone of Twitter app, do you think it would achieve the same level of success in terms of user base and Stocks considering Elon's controversial history with Twitter?

- https://www.forbes.com/sites/brianbushard/2023/07/05/meta-stock-soars-to-18-month-high-ahead-of-instagram-threads-launch/

Recently what I saw was Twitter going down because of renaming it's name to X so I am not sure how high will Twitter stock experience this. Also meta now is a very different stock if you compare it with X. It's more related to metaverse and technology and not only social networking while Twitter right now is just social networking.

[ChiBitCTy]

I've been told by friends that "Thread" is just a facebook version of Twitter, which I hate both Facebook and Twitter almost equally, so I sure as hell won't be using Thread ever. 

I think Twitter is a massive pile of steaming shit.  I just saw where SnapChat's shares have been down for 5 or 6 quarters in a row now, and I think that the same can and will eventually happen to Twitter.  Elon is not nearly as intelligent as everyone thinks, and he's already started making a ton of stupid mistakes on the site.  It's a warzone shit hole more so than it's ever been..with him leading the way with petty teenage kid childish like behavior. What a joke. 

I expect it to fail eventually. Long down the road, but eventually ..it'll become MySpace.