Topic: Where would Twitter go after its takeover by Elon Musk ? - page 6. (Read 1261 times)

Elon Musk succeeded in laying off thousands of Twitter employees by half, and promised the rest to change the working pattern with additional hours and reduce many privileges. He also made a proposal to sell the verified accounts badge to increase the company's resources.

It is clear here that Elon Musk is really seeking to increase the income of the company in which he paid that huge amount.

Reports indicate that the company has not achieved annual profits since 2010, except for the years 2018 and 2019, and its loss reached one billion and 300 million dollars in 2020. The company was actually losing, and Elon Musk was involved in its purchase if he did not intend to propose amendments in the interest of the company's profits . The old owners of the company were happy with Elon Musk's offer, and when he announced his withdrawal, they sued him, and this proves that the company was not of the size on which its price was evaluated. Now everyone is waiting for the amendments that Musk will add to achieve more profits, because he is still required to pay the interest of the loans he borrowed to complete the deal.
There are one billion and 200 million dollars in annual interest on the loans, which amounted to 36 billion dollars, or almost three quarters of the value of the deal. Elon Musk, no matter how rich he is, will not be able to continue financing a platform that will lose all his life.

I think there is a drama in this move as well. The moment musk too over people have switched to Twitter and its the highest in number - also if tesla was a success so will the twitter. Elon will control the future of communication

Musk reported that after the resignation - Friday was the day when twitter was the most used
There are merits and demerits - but it think Musk will take the twitter to a different level for sure

It hasn't stopped there. Someone made an exposé about Elon lying about his credentials. Meaning he doesn't have a real degree in physics. That would explain his erratic behaviour and how he avoids explaining most things in public interviews. I've been listening some geniuses and how they dumb down their outbursts to level of a common man and elon doesn't do even that. He doesn't sound like highly educated man. I mean he basically single handedly killed the twitter funding. That's not a genius move.

If they haven't been doing actual work then it wouldn't matter if they leave. Have you been reading too much of Elon's self-aggrandizing tweeterage? Now that's a person who needs to "chat" less and work more. Starting from figuring out how a company he paid $40 billion of OPM for actually functions.

I'm trying to imagine what that would look like but the recent news of the "twitter shutdown" seem very real with staff leaving and the company bleeding money.

Elon continually tweets that Twitter usage is at an all time high -- but those metrics are meaningless if advertisers are dropping twitter. If active users do not contribute to monetization of some sort, twitter's dead.

When I anticipated Twitter's demise, I had not factored in the employees packing up their bags and leaving the company to rot now that they had to actually do work instead of being paid to chat. I can only assume this will accelerate the downfall.

You are right. Can't say Elon is a dictator. He is just tough to make sure Twitter survives. I would do the same if I were him. Based on what he has achieved on, Tesla, SpaceX, Starlink etc, he has my trust and respect. Let's just wait for another positive outcome.

Whatever Elon Musk does with Twitter should not be seen as dictatorship. Anyone who feels that it is will only be hurting himself. It is his money and business and he should do whatever it takes to keep it going. If staff feel they are not happy with his decision they can leave on their own or get fired. There is no one that can put that type of cash on an investment and want to be soft with decisions. Businesses are not conducted like that or else it will collapse.

It's almost inevitable for Elon Musk to be a dictator in some way. To be honest, I don't care whether dictatorship is good or not generally. As long as it does work in its own way, I have no problem. If all the changes have continued in a good way, Twitter will be great.


Not sure about the authentic number of users lost every day but your second guess is somehow happening in another way. Couple of days ago after he fired some key management/engineering staff, he rehired Ligma & Johnson saying that he actuallly made a great mistake. I gusss some work has to be done by guys like Ligma & Johnson, huh ?



Paid membership is controversial and I can understand this but firing & rehiring staff is so much annoying. I think nobody would ever be willing to get two surprising calls in a day !!

twitter is in hot waters due to hundreds of resignation if the boss is not right so are the workers

I think - things will be better - it is a tough time for the Musk but with the new hiring things will be better soon.

Lol - Elon has to be careful while firing all the people
he has to keep some to save his life - haha

Elon already withdrew that idea, because of all the fake accounts. It was stupid idea for many reasons but mainly for that. Others would be: It was free, there would be opening tor competition that would take the users in for free, one that wouldn't have draconian corporate culture, and one that people and advertisers would happily support. If facebook suddenly turned to paid version, there's no way people would use that anymore. Users rather create telegram/discord groups and chat there. I personally wish that people would just use Reddit instead.

But i believe this won't end, Elon is just acting so erratic that he could just cut his losses, and as he won't be getting back advertisements under his command he could even sell twitter forward or something.

Anyway, this train wreck has been hilarious to watch:



Latest tweet probably sums up how this will go:

Personally I m sensing something not too good about the platform after the takeover of Elon Musk, coupled with the news I had he is also planning to charge $8 per month for checkmark on a users profile and this kept me wondering that what if a user fails to subscribe for the next month checkmark or tag what would then happened to their account?
was it to remove the checkmark or what would happen. The social media is not too pleasing to deal with present and I have not been on it for long now and there are two things involved either he faces to lose more users everyday by day or he also sells back to the previous owner due to mismanagement and poor planning coupled with sacking the previous staffs.

What is happening at Twitter now is expected. You do not expect someone like Elon Musk to spend such a huge amount of cash on an app and not dictate what will happen there or fire some people, especially those who he felt prevented free press. Twitter will be in a better position with Elon running its control than it was. More changes are expected in time to come too.

In summary, Twitter is not a platform that practices freedom of speech and all new changes will make things worse. Perhaps there is one more issue we may think about: if Twitter or any other social media won't be an embodiment of freedom of speech or anything, just a digital platform where you can only socailize with people, no advertisement, no political talks, no hatred speech, will things get better ? When we need fire to keep warm, it's better to keep this in mind that we may get burned by it.

I deactivated my T account that I had since 2016 like many others who do not want to be part of a platform that under the guise of freedom of speech allows some things that were previously sanctioned and inappropriate. Someone buys the company and can do what they want, but the methods they use are far from what could be called humane, and I personally do not support that, nor do the hundreds of thousands who have already left the platform within just a few days of the takeover. And no, it is not the only social network of this type, there are dozens of alternatives that you can find using any search engine.

You're right though, many celebrities chose to stay away from Twitter but if you think about that in different perspective then its good for the community cause the influence will be lesser if there are less celebrity and it also will become an advantage for the Elon because he will gain more influence and he knows how to monetize that power and reap money from the platform or in another way simply using the fame.

Exactly. This answer is likely the key to all possibilities. What Elon has been doing about Twitter is absolutely radical. On one hand, he is lavishly firing staff, trying to reduce costs and make sure Twitter survives. Membership that will have to be paid $8/month is touching the serves of many users. I may not like this but it is fully understandable from the point of managing a business. On the other hand, all the new features /modifications & rules on Twitter have transformed it into a new machine that users have to learn to control. I share the open views of all possibilities. Only one concern from now: consistency. No matter how good Twitter may become, please at least maintain all the good things at core. Otherwise even loyal fans will walk away.

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If Twitter were only dependent on Twitter blue revenue, it would be still unstable in the long term and of course it's doomed. What if Elon brings more revenue channels and makes the revenues continuous ? It seems like he is doing some experiment on Twitter and we'll have to wait for the final result.

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Agree. Basically what happened in the few weeks signals a new era in Twitter's history. All the negative things are like a big blood loss for the body and Elon is trying to infuse new blood in time. The body itself is not dead, the only question is whether the new blood is going to work soon. If the transition period is safe to pass, Twitter will be thriving like its prime. If not, tragedy may happen.

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All true. If the new changes may not go in the right direction, Twitter will be doomed. Is there any reliable source that can show all the user numbers Twitter gains and loses every month ? Just curious, no big deal.

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Somehow I share most of your views. To Elon Musk, I really have a love and hate feeling. The things that he has done about Twitter are not that good unitl now and I do hope that Twitter can finally go through the hard times. You know what my concern is ? With millions and millions of supporters saying nice things about him, Elon is likely to lose his mind, doing silly things. Power tends to corrupt and absolute power corrupts absolutely.

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Completely agree. I guess changing staff is normal and layoff 50% is the point why so many people are offended and irritated. Charging blue tick membership is no big deal but for most people, they'd rather throw 5 or 10 dollars for a cup of coffee than spend $8/month for social media membership.I just don't get it. Too bad that their advertisement system failed so Twitter has to be where it is now. If Elon could not save Twitter in the near future, everything would be going to collapse.

Twitter was dying. Not making a profit. Musk is known for bringing back near dead projects. His ways might seems unusual but he gives his best not to fail. I believe twitter would be more popular under his leadership.