Topic: Elon Musk and the fall of Twitter - page 9. (Read 2971 times)

It doesn't make much sense because we aren't the owner, maybe it makes sense to Elon Musk himself? If not, why would he change the name? Maybe he has other plans and maybe these plans will have everything that will back up the reason why he changes the name to X?

There is no reason to rush for answers but I believe it's coming, Elon Musk is more smarter than just rebranding Twitter, I believe this platform will probably turn into a marketplace for crypto in the future, I mean the first social platform where good numbers of crypto can be accepted among the users.

I won't dare underestimate a man who builds Tesla, he is not for jokes, something good is coming and rebranding Twitter to X is not going to be the last thing he will do.

By the way, I am the only one who thinks that rebranding Twitter as X is a bad idea?
This social media has been known as Twitter since it's conception and its name had become well known among both users and outsiders of it. And now suddenly it changed to X.

To me does not make much sense to move from a brand and name which was already very popular and easily recognizable to everyone to a new one.

It would be something similar if Pepsi or Coca Cola decided to rebrand themselves as "W" or "Y". Is this something you would do as a CEO ? Be honest.
Of course I would not, to me keeping the image and logo of the company is more intelligent.

You are completely wrong about Threads.

Threads app usage plummets despite initial promise as refuge from Twitter. Social media app, launched in the wake of Twitter chaos, recorded 576,000 active users in August, down 79% from 2.3 million in July.

From the side, it looks like Threads have failed to move Twitter in social media space. Right now, users mostly download Threads to see what is has, find out that they are same as Twitter, and move back to where they are more used to. Thread awaits same fate Google+ had, it will die due to lack of activity and users interest in it.

I dont think that changing of Twitter to X somehow had a huge effect. People still call it Twitter. People still click on the same place on their mobile screen, tablet or desktop to open an app, no matter how it is called. People still click buttons, located on same places to do things they are used to (I am speaking about making a tweet, like, retweet or reply.

Changing the name of Elon Musk's Twitter to X was not logical at all.  A lot of users have dropped from Twitter due to Elon Musk's activities and Mark Zuckerberg is taking advantage of this opportunity.  Thread is becoming very popular and its popularity is spreading very fast.  Elon Musk's actions have given Mark Zuckerberg many opportunities to position Thread in a good position. Facebook's popularity was already much higher than Twitter's, which is why Twitter could not compete with Thread and grow.  Among them, Twitter's sudden name change further dropped Twitter's popularity. Elon Musk may have won over his emotions by changing the name of Twitter.  But it is a big loss for him in terms of business.  But only he knows why he did such a thing.  So we can't comment negatively on it without knowing its strategy.  But since Elon Musk is a shrewd businessman, I hope he didn't make any bad moves

They are using it as a part of the Everything app, and Musk is planning to have an Everything app like WeChat. Musk is wanting an app that the people will use for basically everything, like paying from it, booking a taxi, finding foods, social media, and everything else you can think of. This is really one of the reasons why he bought Twitter, and on top of that, he is making profits from purchases on it. But right now, I do see more reasons that he is really integrating this into his app, and let's see what the outcome of it is.

Of course, Elon Musk is a businessman so I'm sure he did not just buy Twitter (now referred to as X) to waste money. I'm sure he has plans to maximize the platform he bought. However, X's popularity is low now compared to the then status of Twitter wherein a lot of users are active and maximizing the platform's features. As for advertisement, a lot of merchants prefer using Instagram for it, specifically the story feature of the platform wherein they can easily and effectively advertise through pictures and videos, you will see that most brands are more active there. I think Elon Musk is trying to rebrand Twitter, as X feels more chic and sophisticated compared to the old look of the social media platform.

I think he did not spend a lot of money only for destroying something that he bought. Until now, I only see that twitter that we called X is become something that become trendy again. Buying Twitter is good decision because it has so many users and controlling this platform can give benefits to the owners. If I have something like twitter then I will maximize it for free advertisement for me, so my product will easily sold out.

After Elon Musk's recent decision to change the company's name to the symbol X, which his other companies are famous for, and after bypassing the platform by paying more than a third of a billion dollars as a result of its refusal to provide the US judiciary with evidence of Trump's account activity due to the state security cases brought against him, it is clear that Elon Musk does not aim to save Twitter from its financial crisis and generate revenue. Apparently, he will only be using the platform to promote himself and his projects. This will certainly affect the extent of the turnout on the platform and the level of freedom of expression in it.

thats surprising news to be honest, many are saying that elon just quite literally become the cause of the twitter impending doom but it turned out to be a big misconception.
elon is currently playing 4d chess here. but i guess the fact that twitter is close to break even is because the fact that they are making the blue tick badge and gold ones a subscription that generates them consistent money
monthly for long term, they aren't dependent on those advertisers no more, which probably might their overall condition of the company economy improving.
the fact that even instagram which is owned by meta is doing the same thing, speaks a lot about how well this strategy went.

It is certain that as a big businessman, he will not do anything that will be detrimental; he will try in every way that is sometimes difficult to predict to be able to give a surprise. Likewise with Twitter, so that he can contribute to his business just like he manages other companies such as Tesla.It's been seen now that before changing to X, Elon made many changes from unpaid to paid to provide additional income. and this will continue to be done for X to continue to innovate because Elon knows that X has many fans and is very profitable if managed properly, so he has no doubts about taking over Twitter even with a loan and cooperation.

But aren't you being superficial here? I believe you can do better than that. I am not a Musk fan. I don't own a Tesla and I use Twitter/X once in three years. I won't ride a rocket to the moon and I didn't buy one of his flame throwers. I never praised his character either.

But one day I might have to use Starlink for my Internet, drive a Tesla because it is the best and the cheapest, buy a house from Solar City, use his underground tunnels to get from A to B, benefit from Neuralik, use X (former Twitter) for a dozen of things instead of just tweeting, and probably a variety of other applications he will try to build.

Do I think he is doing that alone? Do I think he deserves all the credit? Did Steve Jobs build the iPhone alone in his basement?

Even if Musk didn't turn a single screw driver in his entire life and just did everything with phone calls, finding and convincing the right people to do it for him, I would still say that I would have never been able in ten lives to pull off the same.

Him not being the CEO of Twitter, that has so many reasons, but one of them is probably that when you are the CEO or practically CEO of an empire like he has, does it really matter whether he officially keeps the title to his name? To me this was strategic. He is still the boss. But he noticed image problems and rather wants someone else to be blamed for harsh decisions being taken at X. Many reasons behind that, but certainly not because the guy would give up.

If he inherited his money, I would kind of understand your point. But people crying that everything is so easy as a billionaire when the billionaire is a self-made billionaire, that doesn't make sense to me, sorry.

By the way, tell me about a single CEO who wasn't ruthless at many points in their career. Musk is making shit decisions, like building the factory in Germany when close to that place there are problems with water already and he laughs about it in public, asked about the water issues. I didn't like that and thought he should show more sympathy/empathy. But seriously, I am aware of the world I live in. If he doesn't build the factory with all the money he has, someone else will build the factory.

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Concerning your last sentence, could you specify where I said that he is perfect? But please provide with context. Thank you.

I'm not a fan of Elon Musk nor hate him, but this man sure has plan and vision for the betterment of twitter and now the 'X'. Surely, he will not waste and pay so much money just to destroy the brand of the platform. This man has brilliant mind and I know for sure that the rebranding of twitter is for good and will certainly shock the world.


Agree on this! good or bad people will always have opinion about you and what you're doing, and the more you're succeeding and flourishing the more people will hate you. And that is why Elon has a lot of haters, because he is a successful man. It's a good thing that he's still doing what needs to be done even though a lot of people doubt him.

When someone buys a platform, he will surely bring changes to the platform and some people may not like the change and they will be of the point of view that the platform will fail. But with the passage of time, if there is no loss of traffic and activity at platform, it means that the platform will not fail.

Some people may not like the name change etc but believe me no one is leaving twitter.


I don't think Twitter which is now X would ever fail. There are a lot of people using X and they will continue using it no matter if there are changes in terms or addition of new features.
In order for Twitter (X) to fail, there needs to be a better platform than X, which does not exist currently.

Well maybe there is not a fall of twitter anymore. Because before Elon Musk bought it it was going to look like it was going to become bankrupt.
But now the CEO Linda Yaccarino is saying it is almost to point of breaking even. She says a reason is that they reduced the staff from 8000 to only now 1500 people.
https://techcrunch.com/2023/08/10/ceo-says-x-formerly-twitter-is-close-to-break-even/

Nice accolade for Elon Musk, I can clearly see that you are a big fan, I'm not, and there is no apology for that. And as much as I respect your opinion in this regard and agree with some of your points, never you qualify anyone above human, he is a human being and there is no achievement he has now that more hasn't had before him. If luck and grace shine on people, they and their fans believe there is no one like them, which is awkward.

As for turning Twitter around through diversification, it's the easiest thing anyone can do when there is money and I never doubted him but he actually disappointed me because he couldn't do it as CEO. We are talking about billions in his control, so what? If a low-budget business could find itself atop, how much more is a billion-dollar company?

Aside from that, all his so-called achievements can't be attributed to him alone as many of you widely conceived, it's deeper than the surface, they often use the unheard brains if you don't know but often claim the glory. I dared him while he was the CEO of Twitter, why did he relinquish the post to Linda Yaccarino? Every success from that microblogging app as far as I'm concerned is to her as from then and the resources at her disposal. Twitter is a big name already, so anything they do under that name can never find it hard to sell. Just like how banks are now becoming holdings and co, they are already established, so it's not new. He made a lot of mistakes as Twitter CEO which cost him and the company a lot, so don't pretend as if that never happened or he's perfect.

Others may disagree, but I believe that Twitter is moving in the right direction ever since Elon took over. When Jack Dorsey and clowns such as Vijaya Gadde were in power, Twitter never cared about the users. They deleted user accounts which used to post anything remotely related to right-wing and never cared about the ordinary users. Elon restored the FoE in Twitter and on top of that he came up with the revenue sharing formula for the content creators. And this in turn will encourage the users to produce more quality content.

He may have taken this step after thinking X will benefit us in ways we've only just begun to imagine. X is going to play a major role in the future of unlimited communication in many other areas including audio, video, messaging, payments or banking. Advising social media to follow stricter content moderation policies. However musk wants to maintain a more flexible attitude in this regard relaxing a critical platform like twitter will change the experience for all users elon musk may have already put this plan into action.

Elon Musk does what he does with his own thoughts and doesn't need anyone's opinion. Since Elon Musk might have already taken the step of turning Twitter into X, this must be a good idea. Elon Musk would probably think of developing something better because his intentions are positive things that can be improved upon. It is true that an intelligent and smart person always does what he does in his own wisdom and does not act on the opinion of others.

But there is a crucial detail that you are missing here: Elon Musk failed when he is broke. For as long as he isn't broke, I would not bet against him. It doesn't matter what I think about Elon Musk's character, but he pulled off things that are literally inhuman. When someone has wealth of $50 billion and buys Twitter for $44 billion and it plummets to 50% of its acquisition value, I agree that it could end in a failure because the owner might decide to quit. But Musk already said that his plans go far beyond a platform on which you can send some tweets. I believe him.

There are a few things that will keep him going and one of those things is the competition with Zuckerberg. If Musk was rich enough to swallow meta one day, he would do it. he is the fiercest business competitor out there. Amassing more wealth than Bezos who has built a money printing machine is insane. Building a car company, and I agree with Musk here, is probably the hardest thing an entrepreneur can choose to do. It doesn't scale. Social networks scale and retail scales through cross-selling potential and market power due to superior market share.

But when you want Tesla to scale, it is so much harder to do. But he might be able to get there when one day he is cross-supplying his companies with knowledge transfer and required resources.

In terms of market value you could call it the fall of twitter for now. But I think you will have to open another thread that is called the rise of X one day. I believe he won't stop with whatever he has in mind for the company. Money is not an issue for them. He could burn half of his wealth and would still have more than Zuckerberg. 

Elon Musk want controlling full with all people around the world after success acquisition of twitter, its not matter with how much money spent for buying twitter but his goals complicated because he manage well all hater for suspending their account if against Elon Musk. New twitter logo "X" have been existing in several weeks and looks Elon Musk want to rebranding with his social media based on the same with his company.
But excited with Elon Musk competition as Facebook's owner Mark Zuckerberg, he has launch new social platform have similar with twitter although not really popular right now after several days opening operation. Less drop or ads advertisement values after Elon Musk acquisition and I think need time for twitter more popular under Elon Musk owner.