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Topic: Why exactly did Elon want to buy Twitter? - page 2. (Read 1026 times)

hero member
Activity: 2366
Merit: 594
November 04, 2022, 07:58:29 PM
#88
Elon Musk is a businessman and knows what to do, for those who do not understand and think that $ 44 billion is a very expensive price but I'm sure 2 or 3 years in investment $ 44 billion will return and profit, and the main mission of Elon Musk is to become Promotion Means for Elon Musk's Business Line.

It is always part of the business; he purchased it so he could earn it back. I think the reason was to promote more of his business and its data. I know Elon is doing some sort of AI right now, and the data coming from Twitter could be used to improve his AI. We know that Elon's inventions or projects can greatly help humans, and I am hoping that all of us can benefit from them.
member
Activity: 219
Merit: 15
November 04, 2022, 04:12:38 AM
#87
Elon Musk is a businessman and knows what to do, for those who do not understand and think that $ 44 billion is a very expensive price but I'm sure 2 or 3 years in investment $ 44 billion will return and profit, and the main mission of Elon Musk is to become Promotion Means for Elon Musk's Business Line.
hero member
Activity: 966
Merit: 620
November 04, 2022, 02:47:30 AM
#86
Why Elon purchased Twitter? Hehehe, maybe to add a social media platform to his list of acquisitions. Up to date, his achievements include X.com, Tesla, SolarCity, SpaceX, Starlink, Hyperlink, Open AI, Neuralink. Now adding Twitter to the list helps for diversification.
 In one of his posts he said he could include a service dedicated to car rides on the platform, so I won't be surprised if he would think to market Tesla on there too.

 
legendary
Activity: 3122
Merit: 1140
November 03, 2022, 03:41:57 PM
#85
Last time I saw it was said he bought twitter to help humanity. Maybe it refers to the new policy he wants to introduce on twitter, which claims to be free speech friendly and against censorship.

Well, that is what they say, but the real purposes may be others yet. Elon Musk is a wealthy and power accumulator and presents himself towards the masses as a prosperity creator and as a savior (especially regards freedom and individual rights).

Individuals who present themselves like this, while having hidden agendas are dangerous in my opinion. I fear this man controls too much power and influence towards the world at some point.
When you do have the money
When you do have the fame
When you do have the popularity

Then you could actually be able to attain that superiority which you could anytime set out some hidden agendas behind with those pleasant things that you've been doing.
But come to mind that whenever the community or entire world do knows about shitty stuff to came out then it would definitely affect his overall image which i dont
see for Elon on risking out on what he had trying to establish.We dont actually know on whats running into his mind when it comes to future plans or something.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
November 03, 2022, 03:24:05 PM
#84
Last time I saw it was said he bought twitter to help humanity. Maybe it refers to the new policy he wants to introduce on twitter, which claims to be free speech friendly and against censorship.

Well, that is what they say, but the real purposes may be others yet. Elon Musk is a wealthy and power accumulator and presents himself towards the masses as a prosperity creator and as a savior (especially regards freedom and individual rights).

Individuals who present themselves like this, while having hidden agendas are dangerous in my opinion. I fear this man controls too much power and influence towards the world at some point.
full member
Activity: 952
Merit: 232
November 03, 2022, 02:55:17 PM
#83
Elon Musk certainly has a business calculation that is profit and loss when buying Twitter, and the thing that we can easily catch is that Twitter users are in the second rank after Facebook so that it becomes a great potential to be developed for business, I'm sure 2 or 3 years Twitter will be full with advertising so as to make a very large money.
Are we really sure about that? He is a weirdo and he could do something just for the fun of it, and he bought twitter and the first thing he did was making blue ticks cost something and that wasn't loved by anyone aside from scammers who found it cheap to have blue tick and convince people they are not scammers.
I am sorry but he doesn't look like someone who has ideas, he looks like who has dreams and I am sorry to say this but he probably will fail for a while, and then will find a way when others help him see that way. He is not a guy who can run a company successfully, he is a guy who can sell an idea to people and get money and then use that money on engineers who can turn that dream into reality.
Elon being weird or not is totally out of context. He is intelligent and a business man/entrepreneur who has the means and resources to fulfill his desires. He bough twitter because he plans, and right away, those plans will gradually unfold. The blue botton for like is one of the many amendments to suit his agenda. He has the ideas like you have said, but the one with the ideas is not really the one who enacts them. He has brilliant personnel and engineers more than one can count to execute his ideas. Let's hope the company twitter doesn't elude him in no one single way.
sr. member
Activity: 1974
Merit: 450
November 03, 2022, 02:19:30 PM
#82
I think Elon Musk is not so satisfied with the services and features that Twitter provides to users that Elon wants free speech, Elon also indicated that he would relax Twitter's content moderation policy and at the same time take action against irresponsible users. violation of their service program Elon also said that he could change it if twitter became a private or private company. This is in line with the sentiments of Jack Dorsey in one of his tweets which said that Twitter was owned by Wall Street and the advertising model in the sense that Dorsey revealed that turning the Twitter company into a private company was the right step. So you can have strategic planning freedom if you become a private company.
There were several internal board problems that influenced the board of supporters to support the resignation of Jack Dorsey as CEO, the trigger was because Jack Dorsey was not able to increase the possibility of Twitter being abandoned by other social media colleagues, and also the value of Twitter shares was stagnant. In the end, Jack Dorsey resigned in November 2021. Of course, Elon will not stay silent considering Jack Dorsey is his theme.
Content moderation isn't the only thing Elon will do, there are a few other things he'll be working on. What he has said on several occasions:
1. Elon was once asked to add an edit button
2. Elon wants users who subscribe to blue Twitter to be able to pay with their favorite cryptocurrency DOGE COIN
3. Elon said it should create an algorithm that determines which posts to show to users which is open source to increase public trust on Twitter.
4. Lastly Elon said that Twitter should get rid of spam bots that interfere with his platform or die trying to do so and he will authenticate all real humans with some sort of verification badge.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
November 03, 2022, 01:13:26 PM
#81
Musk is an egotistical fleabag who probably only wanted to buy Twitter because he wasn't satisfied with some of their decisions in recent years(Banning Trump etc).

He decided not to go through with it at the last moment(Probably due to shareholders pressuring him), but couldn't change his decision due to legal issues. Twitter is basically a toy for him to play with.
legendary
Activity: 2086
Merit: 1058
November 03, 2022, 01:00:22 PM
#80
Elon Musk certainly has a business calculation that is profit and loss when buying Twitter, and the thing that we can easily catch is that Twitter users are in the second rank after Facebook so that it becomes a great potential to be developed for business, I'm sure 2 or 3 years Twitter will be full with advertising so as to make a very large money.
Are we really sure about that? He is a weirdo and he could do something just for the fun of it, and he bought twitter and the first thing he did was making blue ticks cost something and that wasn't loved by anyone aside from scammers who found it cheap to have blue tick and convince people they are not scammers.
I am sorry but he doesn't look like someone who has ideas, he looks like who has dreams and I am sorry to say this but he probably will fail for a while, and then will find a way when others help him see that way. He is not a guy who can run a company successfully, he is a guy who can sell an idea to people and get money and then use that money on engineers who can turn that dream into reality.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 03, 2022, 12:46:50 PM
#79
Or is it because of that kid jack sweeny who always track his flights? And he want to buy twitter because he wanted to rid of that kid. Other rumour would be the free speech. He wants to restore it but I am not sure if decentralized is the term to use there because I think twitter itself is already centralized and then we all know that Elon Musk have a past record and known as the master manipulator of sh8tcoin.

There is a chance that he will be doing that again but this time he will control the whole platform. Last reason would be is for doing business. He can use it to generate more revenues. There are so many ways that he can do with twitter to make that possible.
hero member
Activity: 1050
Merit: 844
November 02, 2022, 11:09:28 PM
#78
He could have easily done though the account. But he want to do it his way. No barrier to hold his opinion.
like the spacex project and the Tesla electric car. He wants to do thing his way in communication
Is Elon Musk telling you that at this point? Because every human being who already has the ability in two things (the ability to think and the ability to money), then he will always do whatever can make him profit because the profit from every job is part of the business goals that have been built. And that's regardless of what method Elon Musk uses, because clearly he will always pursue profits in simpler ways through some things.
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
November 02, 2022, 10:06:10 AM
#77
The idea of Elon Musk wanting to buy Twitter might sound a bit odd, but there are people who think that he might actually be a good fit.

There are probably three products he has in mind like SpaceX, the electric car company, and Tesla Motors. Each could potentially benefit from having Twitter as part of their existing corporate social media presence.

SpaceX may publicly confirm a rocket launch or landing via Twitter posts; Tesla can use this service to share news about its cars and on the other hand the company can provide updates on their status to the public through social networking platforms.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
November 02, 2022, 09:01:36 AM
#76
So he really must have a big interest in it.

Anyone know why? Is it because they banned Trumps account? Is it because it’s censored too much and he wants it to be more decentralized ?

Elon Musk appears to have had an interest in buying Twitter long ago because he once tweeted about getting social media and implementing some change that will allow freedom of speech and decentralization.
I believe he's not stupid to have spent the funds that can easily feed every soul on earth in obtaining Twitter. However, what we don't understand is that this money is not even from his pocket and this is what these billionaires and millionaires do. They do the acquisition expensive property or business with loans so they can escape tax.
member
Activity: 299
Merit: 11
November 02, 2022, 08:11:55 AM
#75
More power social media can give him huge power because he can do all what he want without anyone censoring him so I guess this is smart move to him because at the moment he can spread anything information he want to digest by his followers. And indeed this one is good to follow since we know that Elon is active on cryptocurrency so maybe he will bring up something cool on Web3 or other upcoming upgrades on cryptocurrency scene.

As we know that Elon Musk has many businesses and of course to make businesses like Tesla needs a place to advertise, and Twitter is a global social media that will make the Tesla brand or all that Elon Musk has will be worldwide.
hero member
Activity: 2520
Merit: 783
November 02, 2022, 06:19:20 AM
#74
More power social media can give him huge power because he can do all what he want without anyone censoring him so I guess this is smart move to him because at the moment he can spread anything information he want to digest by his followers. And indeed this one is good to follow since we know that Elon is active on cryptocurrency so maybe he will bring up something cool on Web3 or other upcoming upgrades on cryptocurrency scene.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
November 02, 2022, 05:45:32 AM
#73
He bought it because he wants freedom speech. I doubt he is looking for money. I doubt even more that it was because trump was banned from twitter. But if he does manage to somehow make it popular, there is money for him. He might be able to remove censorship, but it will still remain centralized. By the way, he is going to charge monthly fee for verified blue tick user. Highly likely he is going to accept crypto payments. If he does, that's a plus one for us.

If he makes Twitter Blue purchasable with crypto at $8/month per pop then I might grab one. Wouldn't it be ironic if Bitcoiners and crypto activists who have been buried by the search algorithm suddenly have the blue tick, while those nocoiners who were previously gifted the tick lose it from non-payment?

The playing field would be reversed.
full member
Activity: 1484
Merit: 101
November 02, 2022, 05:03:46 AM
#72
Elon Musk's behavior is always interesting to follow, whatever Elon Musk's tweets are, they often become trending, like last year when Elon Musk often tweeted to invest in Doge and made Doge skyrocket from under 200 and into the top 30 and is currently ranked 8th. , of course when he bought twitter the main reason is business opportunities in the future, many analysts think the price of $ 44 billion is too expensive, but I believe if Doge can reach 10x the current price then Elon musk get huge profit.
member
Activity: 737
Merit: 11
November 02, 2022, 01:45:11 AM
#71
Elon Musk certainly has a business calculation that is profit and loss when buying Twitter, and the thing that we can easily catch is that Twitter users are in the second rank after Facebook so that it becomes a great potential to be developed for business, I'm sure 2 or 3 years Twitter will be full with advertising so as to make a very large money.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
November 01, 2022, 11:31:45 PM
#70
Seems it’s official. However I am puzzled as to why he bought it in the first place.

For one he overpaid for it because looking at tech stocks like Facebook, it’s value would be probably less than $20 a share compared to the $54.20 he paid for it. So he really must have a big interest in it.

Anyone know why? Is it because they banned Trumps account? Is it because it’s censored too much and he wants it to be more decentralized ?


He bought it because he wants freedom speech. I doubt he is looking for money. I doubt even more that it was because trump was banned from twitter. But if he does manage to somehow make it popular, there is money for him. He might be able to remove censorship, but it will still remain centralized. By the way, he is going to charge monthly fee for verified blue tick user. Highly likely he is going to accept crypto payments. If he does, that's a plus one for us.

It seems that the purchase had a political background, yes. People who have those levels of money are no longer driven by money so much as by power:

Elon Musk ‘fires Twitter executive’ who banned Trump as speculation mounts he could return to platform

In addition, it is quite likely that Trump will run for president again in 2024. So it all adds up.

That article is just a click bait. Biased media. Biased title. Of course he is going to fire all those that "failed" twitter and wanted censorship. Why would he keep someone employed at the top level who supported and made the previous twitter policies?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
November 01, 2022, 10:53:26 PM
#69
If you control the opinions, you can manipulate the collective opinion. With world going online.Twitter is the power where new revolutions can get started. Where governments can be toppled. Where trends are made and de-made to suit the agenda.. so the rich techie desire to sit in the controller seat.

Manipulating the collective opinion and trading with crypto at the same time is very profitable... Now he is in the driver's seat, he can set his own rules and watch all others. I guess he is planning to become the first trillionaire ever, and that is not so impossible when you give it a thought. That can happen soon, he is making money anyway, and crypto can make some crazy spikes in the next 10 years. But I am not sure why would anyone want to be so rich, where's the purpose of that?


only works if you know how to live for hundreds of years.
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