Some few days ago, Mark Zuckerberg launched a new app called Thread. The whole netzines are wondering what his intention. Could this be an experiment. The shocking though expected of it is that a few hours after it was launched, it recorded success both in the number of users who signed up to use the app and most importantly on Meta's stock. However, looking critically at the app we can it is obvious that it is merely Instagram clone.
We already know that there is some bad blood between Meta and Twitter. Or Mark Zuckerberg and Elon Musk. Given this, I would like for us to discuss this, if Elon Musk decides to launch a clone of Twitter app, do you think it would achieve the same level of success in terms of user base and Stocks considering Elon's controversial history with Twitter?
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https://www.forbes.com/sites/brianbushard/2023/07/05/meta-stock-soars-to-18-month-high-ahead-of-instagram-threads-launch/It would be stupid enough if Musk launched a Twitter clone when he already had full control of Twitter. Your question should be, what if Musk launched an app like Instagram or Facebook? will it be as hype as this Threads? given that Musk has the resources to be able to launch his own social media. But what's the point? innovation from social media itself is quite difficult for now. The latest to hit the market is Tiktok, but I'm quite skeptical that Musk will be able to launch a booming social media like Tiktok. Even if he ends up launching his own social media, it's just mediocre, just like what Trump did when he launched Truth Social, it's not even known by many people, because it lacks innovation and products that are less attractive.