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?
Perhaps it would have been a successful step if Elon Musk had taken it before making the decision to complete the Twitter purchase. I mean that he launches his own platform, so he does not need to buy Twitter, which I expect to be successful due to Musk's popularity. But he chose to invest in a bankrupt platform without taking into account the strong competition with other platforms such as Meta.
On the other hand, I do not expect that the new "thread" application will make a major change in the social media market. All that matters is that Meta expands its profits and wants to benefit more from its users.
That could have been possibility. Since Elons most of the self made projects are way better and has extra ordinary values over the time. I mean it would have been fun if he launched some company based on this idea then investors would have rushed to buy the whole stock thing at pre launch itself. It’s the name that would speak in this case.
As you mentioned he done decision that could have waited and gave him idea to build something from the scratch. In Twitters case, things went horribly wrong since firing the employees, changing many workflows, making blue badges available publicly and much more made it worse.