So, he's rebranding Twitter [2]:
> And soon we shall bid adieu to the twitter brand and, gradually, all the birds
And he's completely serious, and yes X is f*king terrible brand and it'll be hilarious for him to find that out in the coming months.
First of all "X" is unsearchable, so people will likely start referring to it as something like "Elon Musk's X" or god knows what. It'll make the whole site look like a joke, in case it isn't already.
Maybe his advertisers will drop in half once more. OK, I'm just daydreaming.
Fun fact; in the noughties, the Royal Mail (the UK Post Office), briefly, bafflingly, rebranded as 'Consignia'. Everyone sensibly ignored this, and they shamefacedly changed it back after a while.
But realistically people will still seach for Twitter or TwitterX or even Xcom
Musk seems unstable, but Tesla, his stocks and various other endevaours has been masterfully constructed to extract public wealth and placing it into private hands.
This is probably just him being bipolar or whatever, but every day companies are being purposefully run to the ground, resold, repackaged, sabotaged etc. for a myriad of financial reasons.
The whole "Never attribute to malice that which is adequately explained by stupidity " is such a disgusting american smokescreen, same with the stupid "occamz razor" being constantly used wrongly to shut down old school financial journalism or conspiratorial nature of the upper echelons of society, something that was in the public consciousness 50 years ago, but has now been memoryholed. It's so laughably convenient if it wasn't so sad.
The oligarchs are very, very savvy about finances, but "seem" incompotent about their core business, because their core business is often not what they tell you it is, or they just don't care about efficiency, but about monopolies, subsidies and public funds.
"Oops we lost all of the public's money, sorry we were so incompetent, we're just human after all and didn't intend or plan to at all even though the half the money is now funnelled through hyper advanced financial schemes to Caribbean islands".
It's easy to attribute incompetence to what is done under the influence of drugs.
I think the explanation is far simpler: Elon fully controls Twitter and is doing whatever he wants. Whether he lost $50 billion on it is immaterial at this point: he’s so wealthy that it will take him no time at all to recover that kind of money.
With only ~20% of its original headcount, I have to assume Twitter is profitable, even if it lost half its advertising revenue.
Twitter is still commanding a huge user base: the number of people leaving Twitter just because of Elon being a baby is way overstated. There are probably, no exaggeration, hundreds of millions of Twitter users who have basically no clue who the guy is (especially outside the United States where 75% of Twitter users are located).
I don’t even think Elon’s vision for the product as a “super app” is all that dumb, it just depends on whether it’s something that can be successfully executed. For example, Instagram added direct shopping within their app and it’s been successful. That would be a great start for Twitter or X or whatever it is going to be.
I'm going to need a source for that one. That seems like the exact opposite of what actually happened prior to Elon Musk's purchase of Twitter.
Twitter was a threat to Donald Trump and those who allied with him, not the US national security state.
Per the "Twitter Files" that Elon Musk released upon gaining control Twitter effectively worked in concert with the Democrats, the FBI, and liberal media outlets.
https://www.washingtonexaminer.com/restoring-america/fairnes...
He also made it so that if you changed the setting back to "allow message requests from everyone", and left the page, it would reset back to "verified users only". You had to select the third option, "allow message request only from people you follow", refresh the page, and then select "allow message requests from everyone" again, to make it stick.
This might sound like I'm making things up up, or misrepresenting a bug, but I'm not. Everyone in my feed has been talking about this for weeks. Most people are still unaware this has even happened, so if you try to DM almost anyone, you'll get the popup saying you need to sign up for Twitter Blue.
What I'm saying is: he's a scummy businessman.
https://www.vanityfair.com/news/2022/04/elon-musk-twitter-te...
https://www.adalo.com/posts/the-evolution-of-elon-musk-the-g...
https://www.latimes.com/business/story/2022-11-14/elon-musk-... (Choice quote: "A pattern: If Musk perceives he’s been crossed, he does more than seethe — he seeks retribution.")
Obviously not exhaustive. Being both successful and a terrible human being can have some overlap.
I would argue in an economic system that rewards the most ruthless competitor "can" is a very nice word here.
Oh, wow, forgot about this one. Whatever happened to the Extremely Hardcore Super-Lawyers?
A lot of people are assholes that get written about here, but I don't see this level of hatred for many people other than Elon Musk.