Topic: Elon Musk and the fall of Twitter - page 18. (Read 2971 times)

Competing with Facebook is a long time coming for Twitter.  Because after five years if Twitter goes to Facebook's position today.  But Facebook will not sit in this position for these five years.  After five years, Facebook will have improved a lot and its market cap will increase a lot.  So Twitter cannot be compared to Facebook in any way.  Facebook's new technology Meta is a technology with great potential for the future.  In terms of market cap, Facebook is at number of ranking is 9 but Twitter is at rank 413 which is a huge difference.

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

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



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

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

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

I think they will just find a new way to monetize Twitter. Considering how many people are using Twitter every day and creating content on this platform, I don't think it's gonna be a problem.

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

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

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

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

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

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

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

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

His intention to buy Twitter was based on his desire to have a public platform that users can trust to the maximum and be broadly inclusive. and the three reasons I mean based on sources from blog.amartha.com are as follows;

• Making Twitter a Trusted Platform
• Platform for Free Speech
• Fighting Bot Proliferation

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

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

Totally agreed, if I agree with your scenario then he was really wrong. Like he was mistreating the staff of Twitter plus he made many bad decisions like, blue tick, etc. Which costs big companies to lose a hell lot of money just because of greed of earning 1.9 billion dollars per month (ahh well that's enough to make a man greedy) but this feature cost other companies to lose more than 15 billion dollars, like the pharmaceutical ones.

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

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

The haters and conspiracy theorists back on Twitter.

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

sad to say but it is not only his business fell but also his reputation. due to his inconsistent behavior towards investment and even management as the owner of a company, a lot of investors don't want to risk their money on that. not only he lost his credibility but also a lot of workers refuse to work for him. if I were an employee too I wouldn't risk working for him knowing that there is no guarantee whether we rise or fall depends on our CEO. we all agree that he is a genius when it comes to developing things and predicting the future, also he is a visionary in some sense but does it make him a genius too when handling business? I didn't see any proof so far.

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

I would guess that if he is profiting, then even if some of the users are not favoring it, then he is doing the right thing. Remember, this is a business and as long as the business makes a profit, and legally doing so, then that is a good decision.

There is no bad decision that causes a company to profit, or no good decision that loses it profit as well. Obviously there is long term and short term, so he could make a profit short term and lose on the long term, if this is something like that, then it would be bad for him, but only time will show that. I believe that he is not going to keep twitter alive for too long, something else will replace it eventually, but that will take a long time as well.

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

It's his way of trying to manipulate the people with his free will instead of someone who would stop him from his way. Besides, if you have so much money what would you do with it? That's why he bought twitter plus he manipulate the price of Bitcoin and then switched to meme coin then more people are still not learning of what he did although, he gave more profit to those who invested in meme coin but I'm sure he benefited a lot from it because of his hype on that coin.

Twitter may fall for now but watch him what he would do you might be surprised and I don't think he will sell twitter.

Thats what business results could have neither its is profitable or something going in negative.No matter how known you are or how rich you are, you are no exemption when it comes to failure.

Do we really think that Elon isnt aware on whats happening? For sure he doesnt want to have those huge losses basing up on what he had invested but we know that there are decisions that we do make

do make out some damage or messes up on what we are trying out to achieve, but well its his business and its his risks to take.Its up to him on how he would be handling it out.