Will Twitter be a quagmire for Elon Musk?

Finally, after months of conflict and different sides, Elon Musk acquired the Twitter social network by paying 44 billion dollars. During this time, many analyzes have been published on this issue, and in this article, we want to ask the question, will Elon Musk sink into the swamp of Twitter?

BingMag.com Will Twitter be a quagmire for Elon Musk?

Finally, after months of conflict and different sides, Elon Musk acquired the Twitter social network by paying 44 billion dollars. During this time, many analyzes have been published on this issue, and in this article, we want to ask the question, will Elon Musk sink into the swamp of Twitter?

The strange logic about Elon Musk is that the richest man It is on the planet and therefore it is considered a genius. But if, according to the predictions, the takeover of Twitter turns out to be a big failure for him, the most important feature of Elon Musk, i.e. his reputation, will be threatened. Twitter's total revenue last year reached only 5 billion dollars, and in the meantime, no profit went to the coffers of this company. But in any case, Twitter is still very important for users, and that's why famous people like Elon Musk use this platform to communicate with users, and these people can influence the public discourse to some extent. But in any case, the fact is that Twitter is performing very poorly in terms of making money.

BingMag.com Will Twitter be a quagmire for Elon Musk?

According to reports Published, Elon Musk has announced to investors that he will double Twitter's revenue in 3 years. Although such a goal seems unlikely to materialize, the people who invested in the deal seem to agree with Elon Musk. We assume that Elon Musk will manage to increase Twitter's revenue, but this will not affect his reputation much. When a student scores a 20 on one subject, scoring a 20 on subsequent tests is no longer considered a significant achievement. But when a student scores 20 in all the exams of a subject and fails in one exam, such an event is considered an important news. Elon Musk is famous. Mr. Musk, unlike many CEOs, has a wide presence in social networks and uses this way for marketing. In fact, he is so famous and popular among users that websites and several YouTube channels only publish positive news about Elon Musk and his companies.

Elon Musk's fans say that he gives them hope. He talks about an exciting future; The same things that science fiction stories promised us. But does buying a social network help Elon Musk's brand image? The person who promised to send people to Mars now has to spend part of his time managing content in a social network.

Twitter management problems

BingMag.com Will Twitter be a quagmire for Elon Musk?

Mr. Musk has made many promises about Twitter, but one of the most important promises is that the strictness of Reduces content. This is despite the fact that many users want content management and there is only disagreement on how to manage this content. Elon Musk's fans believe that Twitter allows them to do whatever they want during his time. But the reality is that managing the content of social networks and monitoring the activity of users is not an easy task at all, and finally the voice of a part of the users is heard.

In general, all the famous social networks are dealing with many challenges for content management. they soften For example, TikTok shows their videos to fewer people so that people with disabilities are not harassed. For example, a few years ago, Facebook's very bad behavior towards people who are in charge of monitoring posts caused a lot of noise, and in this context, we can point to the sale of suicide kits on Amazon, which also met with widespread protests.

Mask saved the Tesla company from bankruptcy more than once and his reputation has increased because of this. Tesla's electric cars have revolutionized the market and even people who are not fans of environmental protection have become fans of these cars. An important part of Elon Musk's wealth is provided by Tesla shares, and thanks to the multiple increase in the company's stock price, Mr. Musk became the richest person in the world by passing Jeff Bezos. But if Tesla's stock price falls seriously, will Elon Musk's reputation fall too?

BingMag.com Will Twitter be a quagmire for Elon Musk?

Mr. Musk sold a total of $15.3 billion of Tesla shares to buy Twitter, and therefore the amount of shares he has in this company has decreased significantly. Therefore, if Tesla faces many challenges in the future, shareholders may put him under a lot of pressure.

Elon Musk's fame has multiplied in recent years, and an important part of this increase in fame is thanks to his tweets. He has taken place. He has now gained the power that just by publishing tweets Different can not only raise and lower the price of Tesla shares, but also change the price of cryptocurrencies.

The unclear future of the richest person in the world

BingMag.com Will Twitter be a quagmire for Elon Musk?

Months ago Elon Musk said during an interview that he used to be able to go to a coffee shop and order a coffee very easily. But now he can hardly go to a restaurant. Therefore, in addition to being a platform for expressing his ideas, Twitter is also an important part of his social life. In such an environment, he even answers the questions of ordinary users.

Given that Twitter will no longer be present in the stock market, we cannot learn about the feelings of users and the market towards this company just by checking the stock price. . But on the other hand, Tesla is still considered a public company and its shares are bought and sold. Therefore, if Tesla is in trouble, Elon Musk's wealth will decrease significantly. So the question is, will Twitter turn out to be a huge failure for Elon Musk, and will he still be considered a genius if his fortunes drop significantly?

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