Elon Musk is one man that has come under intense fire in the last couple of months. This is because he's probably because of the unconventional ways he's employed in running Twitter Although his front has always been that he's saving humanity and he's bringing back free speech, while this might be partially true, it's not completely true.
This is because, on the surface, he's doing a lot of sacking and probably asking some ridiculous demands from the employees he's chosen to keep, but let's not forget he's claiming that Twitter is losing $4M per day, but are we going to blame this on his queer management approach or the fact that Twitter's stock was already dwindling before he bought it?
A little bit of the both, I'll say
But
Well we already knew how skeptical he was about paying that $44B, and this was because he felt there were just too many fake accounts, but he was pressured into paying that money anyways, the lawsuits and all, and probably because he felt Twitter was a longshot and maybe he could turn it into that dream social space for borderless interaction.
Let's face it, paying $44b was huge, but sincerely, investors are beginning to take their business of Twitter, is this concerning to Elon, yes. I think Elon is trying to eat his cake and have it and this is building Twitter in his image while making money off it at the same time.
Business people and killing a billion bird with onew stone
Isn't it humongous?
However, he's not really excelled with the latter and he's currently working on the former. However, I think one thing people have enjoyed thus far is his presence, his probably the most present CEO because of the way he's been all over the place and making his voice heard.
It's quite easy to predict that Elon wants to rewire Twitter to his image. Let's talk about his idea of free speech.
Now we must understand that Elon's concept of free speech is a mirage, he publicly fired one of his subordinates for publicly disagreeing with him, this only proves that he wants people to talk as they want but not too much that it wouldn't be considered too impactful, he's trying to create an impression for freedom of speech, but only in a manner where moderation will thrive.
Yanking Kanye West off and restoring Donald Trump proves this.
Now Trump hasn't been lyrical since he was reinstated and I think it's because even if he now had the freedom to talk as he would want, to what extent and to what degree? So I feel one of the reasons why Elon is more present is because he's trying to create a friendlier scenario of accessibility.
I mean who doesn't like tweeting and getting a reply from the owner himself, but then I don't think this would last long. There's absolutely no free speech on Twitter, what Elon has done is create a borderline, he's since claimed that comedy is now a thing on Twitter and people can jump in on it. But I feel that Twitter will be heavily politicalized in the future, Elon has the power and he isn't scared to use it.
I like to think he will succeed in making Twitter into his image
but as for free speech
......I think that's a long shot. This doesn't mean you can incite anything and go scot-free, it means you have the right to be heard, only in a way that you might not even create too much dominance with what you're preaching.
This means all manner of interaction can be created, allowing Twitter to thrive. In reality, I think he will get the social aspect over and done with, but the problem is, how many erratic choices will he make to keep Twitter's stock up and doing?
I don't know if he can afford to keep watching the platform losing investors because of the model he's trying to instill, I do not know. But he's come to understand that he'll make mistakes and learn from them.
He's willing to exercise willpower
This is also evident in his presence, tweeting every day, he's not shy to show he is the boss and this presence is instilling his status as one of the most influential people in the world. Soon, world leaders would begin to seek him out, he's already showing his political preferences using Twitter, and I think he's making a mark in this sector.
Does he really have a plan for humanity? I cannot tell. Now, maybe not
Futuristically, maybe yes. But then Twitter can easily capitulate under him. We understand he's built other successful businesses and some of his businesses are aimed at a better future, but they're different from running a space as big as Twitter.
I think Elon has a track record for success, but would this be where he gets it wrong? I think we can only tell in the future, for now, he is trying to weave the fabrics of what he thinks would be great.
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I think Elon just wants Twitter to be less polarized and thus act as a forum to communicate for an average online user. In a way, that is to make Twitter profitable and to make him money. He is better than the old rulers but I have no doubt that it's still centralized.
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Twitter will forever be centralized. The system in its core is meant to be centralized. To me, him taking over doesn't seem to excite anyone, unless it's those naive to think free speech will finally be coming to Twitter.
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A lot of points to ponder here. But let me start somewhere.
Elon will always be a controversial commercial figure. He is a top CEO too. So I believe he will somehow make up for the loss of trust as some businesses pull off twitter.
Thats true. He has always been the boss and he doesn't want that touched. That ego of influencing everything is something he wants to protect at all time. Remember how he tried to bully the guy that tracked and published Elon's private jet journeys.
He will make more. But I think somehow it all falls for him eventually. For example, He's done a lot of erratic stuffs in his Electric Vehicle company, and somehow too, he still leads that industry.
We will watch and see where this gets twitter. But certainly, that guy wants to remain the boss
I don't actually doubt his abilities, I for one feels he's one of the most successful business men to ever live but then Twitter is a different kettle of fish and I think it might take a lot for him to revitalize Twitter. This is majorly the debate for free speech as this is the reason why he allegedly bought Twitter. I don't know of this though, I want to actually see how he maintains the stocks of Twitter in about five years time as well as achieving that free speech platform he touts. I believe this is a huge challenge and 44 billion is at stake and he knows this.
Definitely. And he will not get it right all the time. Just hoping he is not making his first most expensive mistake, because....
.. thats not a figure to play games with even for the ultra-rich.
Honestly, I want to see if twitter will remain at the top for the next 1 year. If he is somehow able to manage that, then he can be taken serious.
I read in a place where he said he had to contact some people to raise that money as all his money is in his investments. However if Twitter succeedes even better than it has, this man might just become one of the most powerful men in the world when it comes to influence.
Well I think he's trying to build his image and self presence
And I strongly agree with you on that. His trying to make sure that whatever happens his still the boss. Well let's watch him sink or swim. But he said he was going to buy s Snapchat. Since everyone is leaving Twitter I'm guessing they would soon go to Blue space created by the corner CEO of twitter 😅😅😂😂😂😂😂
Well, I for one don't think he'll be buying anything soon. It's all jokes and gimmicks to get people, bantered, excited and expectant. He's playing PR role and people are loving him for that presence.
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I'm not really sure why he chose to get into the social media space by buying Twitter. One hypothesis or part of the reason he bought Twitter is to better carve out his personality while also controlling the narrative or the public perception. Twitter is a huge megaphone and being at the helm of it grants you some astounding media powers.
I think this is one of the many reasons. We see him kick out Kanye West for trying to paint him different. That was bad of Kanye though, but the man (Musk) now owns the platform and we can see how he's attempted to create a difference, he might actually pull it off on both sides.
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You are talented writer. Your point is very clear
Thank you
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can twitter become decentralized?
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Well, elon musk although exentric is a visionary, of course everything is for his own benefit but in the end he surprises with all the results, it has happened with tesla, spacex and starlink, and the same will happen with twitter, it's just a matter of time.
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Seems like the easiest answer for Musk, especially since he became so rich, is that he follows whatever whims he has. When he was helping build PayPal and later building Tesla, he could bear down and focus like most other tech leaders. But since becoming a celebrity CEO and seeing those early businesses grow into somewhat mature businesses, his skill set and attention span are shown not to be adequate. I think it is perfectly reasonable to expect different skills to flourish at different times. Start up company needs different emphasis than grown up company. He is terrible, as far as I can tell, at the grow up company skills. He has begun to dabble now in other whims, spacex, boring, now twitter, political influence, comedy shows, pop culture icon. In many ways he is following a Trump-like playbook, with the big difference being that Musk actually is a billionaire. He does a little of this, a little of that, and no one can tell him otherwise.
I would be stunned if he had a plan for humanity, and I wouldn't think it very accurate or helpful either, if he wasn't so influential. Sad that he seems to want to use his influence now to make people angry, aggrieved, and paranoid.
Also, just a note for accuracy, the pressure he felt to buy Twitter at 44b was only a lawsuit to seek his compliance with a takeover deal that he signed and agreed to voluntarily. There was no coercion to get him to agree to that price. He did it out of his own freewill and interests, then tried to back out.
Interesting post!
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I don't think he has another plan to make money and increase his ego.