Quote from: dothebeats on Today at 07:08:37 AM

Quote from: Strongkored on Today at 04:17:23 AM

Quote from: alastantiger on July 12, 2023, 07:49:16 PM

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?

If he's already lost so much from Twitter, is it possible that anyone would trust him to buy stock in a company that's already practically a failure? of course investors will think again about doing it so Elon Musk will focus more on trying to improve Twitter than following Mark's steps by launching a new application, and it seems that Elon cannot compete with Mark in terms of social media because Mark looks more skilled at developing successful social media applications compared to Elon, who is said to have suffered huge losses since he took over twitter.

I agree with you. Mark is showing that he has nearly perfected the formula for social media platforms development. Soon enough Threads will be the next big thing as it connected to literally one, if not the biggest, platform right now which is Instagram. Once users starts seeing that the changes from X is still not as good as they wanted it to be people will go for Threads.

It makes one wonder why Elon Musk changed the name of Twitter to X. Is this based on his old company name or a new strategy by Elon Musk to overcome new social media Threads? And while it is true that Musk is a shrewd businessman, it is highly questionable how effective his tactics will be. People sold their shares in Twitter causing Twitter's value to drop significantly in the stock market. I think it will take a long time to recover because Threads are now a big obstacle for them