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Topic: Can Twitter Stock Experience the same Rise? - page 3. (Read 710 times)

legendary
Activity: 2002
Merit: 1109
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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.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
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

copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
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..
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 924
Merit: 365
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. 
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
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.

Quote
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.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
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.
hero member
Activity: 2366
Merit: 838
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.

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.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
I am not saying this on any authority but I would say that Twitter is heading to "extinction". With all that is happening I'd have to question any investor who either still have confidence in Twitter stocks or who is yet to sell of their stock.
And this is all the fault of Elon Musk who is running Twitter like a dictator or solopreneur. I am utterly disappointed. The reason why people are still on the app is because they are thinking about how they'll get their followers if they move to another app. I predict that in the next 5 years, Twitter will either close down or be sold of to another company.
5 years is a very long time for a platform in Twitter mode. I don't think it will hold up that long.
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. 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?
sr. member
Activity: 1022
Merit: 368
I am not saying this on any authority but I would say that Twitter is heading to "extinction". With all that is happening I'd have to question any investor who either still have confidence in Twitter stocks or who is yet to sell of their stock.
And this is all the fault of Elon Musk who is running Twitter like a dictator or solopreneur. I am utterly disappointed. The reason why people are still on the app is because they are thinking about how they'll get their followers if they move to another app. I predict that in the next 5 years, Twitter will either close down or be sold of to another company.
legendary
Activity: 2100
Merit: 1042
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With how things are going with "X" thingy, there is this "gave up" mindset I am seeing more and more about twitter lately. People disliked what Elon was doing, and the peak of that was that 600-800-1000 tweets per day that kept on going up with more hate, but that was the peak point where everyone hated Elon for what he did to twitter. But people are just giving up lately, not like they started to like it or anything, but they are like "he did what again? oh christ" and just move on. Thats why I think he is capable of doing more and more these days and it will still not hurt that much, it will just be whatever it is. I am not expecting it to get any better though, that doesn't seem to have a chance.

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.

It's silly to you but it's one of Elon's favorite things, and the core of the social network twitter comes from its foundation, the services it provides to users, not the name, the name does not say anything about the quality of your product. I don't mind about him rebranding, what I care about is that he is adding new features that users don't really like, as you said. But it's his company, and he has his own strategy. Although many people dislike him for the monstrous things he does, there is no denying that he is still the wealthiest and most talented man in the world.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
With how things are going with "X" thingy, there is this "gave up" mindset I am seeing more and more about twitter lately. People disliked what Elon was doing, and the peak of that was that 600-800-1000 tweets per day that kept on going up with more hate, but that was the peak point where everyone hated Elon for what he did to twitter. But people are just giving up lately, not like they started to like it or anything, but they are like "he did what again? oh christ" and just move on. Thats why I think he is capable of doing more and more these days and it will still not hurt that much, it will just be whatever it is. I am not expecting it to get any better though, that doesn't seem to have a chance.

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.
hero member
Activity: 2170
Merit: 575
With how things are going with "X" thingy, there is this "gave up" mindset I am seeing more and more about twitter lately. People disliked what Elon was doing, and the peak of that was that 600-800-1000 tweets per day that kept on going up with more hate, but that was the peak point where everyone hated Elon for what he did to twitter. But people are just giving up lately, not like they started to like it or anything, but they are like "he did what again? oh christ" and just move on. Thats why I think he is capable of doing more and more these days and it will still not hurt that much, it will just be whatever it is. I am not expecting it to get any better though, that doesn't seem to have a chance.
hero member
Activity: 2338
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Top-tier crypto casino and sportsbook
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?
Perhaps it would have been a successful step if Elon Musk had taken it before making the decision to complete the Twitter purchase.  I mean that he launches his own platform, so he does not need to buy Twitter, which I expect to be successful due to Musk's popularity.  But he chose to invest in a bankrupt platform without taking into account the strong competition with other platforms such as Meta. 
On the other hand, I do not expect that the new "thread" application will make a major change in the social media market. All that matters is that Meta expands its profits and wants to benefit more from its users.

That could have been possibility. Since Elons most of the self made projects are way better and has extra ordinary values over the time. I mean it would have been fun if he launched some company based on this idea then investors would have rushed to buy the whole stock thing at pre launch itself. It’s the name that would speak in this case.

As you mentioned he done decision that could have waited and gave him idea to build something from the scratch. In Twitters case, things went horribly wrong since firing the employees, changing many workflows, making blue badges available publicly and much more made it worse.
In a continuation of the strange decisions, we find him now changing the logo of the platform, which it was famous for as a distinctive slogan for years.  No one is able to comprehend this step or to understand how it can contribute to the development of the platform, whose current priorities are to provide more revenues to at least cover the cost of the transaction.
hero member
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Honestly i just don't think twitter would ever regain its former glory, though the past of twitter are fully infested with spams, current state of twitter is no different either, its just even worse.
considering the fact that everything is all based on subscription in twitter, I don't think it will hold for long.
many would definitely think that subscription for twitter would be waste of money since there are other social media thats recently gaining fame one of them would be thread.
though i think twitter will still have so much users but it will decline, regardless though thats just my speculation the real circumstance of twitter will be shown when they publish the statistics of their company.
In fact, from several news media, I found that according to Elon's statement, Twitter's revenue from advertisements had indeed decreased. In fact, the decline had reached almost half. And I think this is indeed a serious problem for Twitter. So yesterday Elon planned to replace the Twitter Logo as one of his efforts to direct Twitter to a new path through rebranding. And now the twitter logo has changed to an X. (Sourch)

I don't know what Elon will do with Twitter in the future. But he definitely had a plan that he had been preparing for a long time. I don't think someone like Elon would do anything without proper planning. He is a reliable businessman and inventor. So he must be doing something we don't know about. But if it's about excellence in social media platforms. So I don't think Elon is proficient in this field.
full member
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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?
Perhaps it would have been a successful step if Elon Musk had taken it before making the decision to complete the Twitter purchase.  I mean that he launches his own platform, so he does not need to buy Twitter, which I expect to be successful due to Musk's popularity.  But he chose to invest in a bankrupt platform without taking into account the strong competition with other platforms such as Meta. 
On the other hand, I do not expect that the new "thread" application will make a major change in the social media market. All that matters is that Meta expands its profits and wants to benefit more from its users.

That could have been possibility. Since Elons most of the self made projects are way better and has extra ordinary values over the time. I mean it would have been fun if he launched some company based on this idea then investors would have rushed to buy the whole stock thing at pre launch itself. It’s the name that would speak in this case.

As you mentioned he done decision that could have waited and gave him idea to build something from the scratch. In Twitters case, things went horribly wrong since firing the employees, changing many workflows, making blue badges available publicly and much more made it worse.
hero member
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Leading Crypto Sports Betting & Casino Platform
Honestly i just don't think twitter would ever regain its former glory, though the past of twitter are fully infested with spams, current state of twitter is no different either, its just even worse.
considering the fact that everything is all based on subscription in twitter, I don't think it will hold for long.
many would definitely think that subscription for twitter would be waste of money since there are other social media thats recently gaining fame one of them would be thread.
though i think twitter will still have so much users but it will decline, regardless though thats just my speculation the real circumstance of twitter will be shown when they publish the statistics of their company.
hero member
Activity: 2170
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Well when he acquire it, we all know that there will be changes for sure. Because if there are none, then we might think that it is still with the previous owners. So Musk make his presence felt with a lot of changes and most of it, we didn't like.

But Twitter remains one of the biggest social media platform and that's why Mark Z is trying to compete with it and take a big chunk on the pie. I will admit that I downloaded Threads, but I haven't used it like I used Twitter.
I agree, we all know that Twitter reqllh helpful in crypto industry. And up until now we can use that to shill our projects and to reach more people. Having a competitor doesn't mean the stock price will move, it is good that twitter has a rival, why?  it can be improve and we will be heard most of the time we can make sure the continues improvement of it because of its rival.
hero member
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Elon is running Twitter into the ground. He is not capable of properly managing a social media platform. People who are politically aligned with Musk benefit from getting higher visibility on their tweets. Also a ton of spam, scam and troll accounts are getting boosted merely by purchasing a blue checkmark. People don't want to join a site that is biased and elevating junk content. Musk chased away advertisers and admitted that Twitter is losing money. I don't really see how they will be able to make their product more valuable.

Exactly. The way Twitter is now, it wouldn't be long before it dies. Even today most celebrities, public figures and businesses are using Instagram to connect to their target audience. Twitter, which used to be a big thing for fandoms and communities, has truly lost its appeal, specially when Musk decided to make such obnoxious changes that only benefited him and not the users.

Well when he acquire it, we all know that there will be changes for sure. Because if there are none, then we might think that it is still with the previous owners. So Musk make his presence felt with a lot of changes and most of it, we didn't like.

But Twitter remains one of the biggest social media platform and that's why Mark Z is trying to compete with it and take a big chunk on the pie. I will admit that I downloaded Threads, but I haven't used it like I used Twitter.
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