June 28, 2022

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Elon Musk questions if Twitter is “dying” days after $3 billion funding

Merely days after Tesla founder Elon Musk turned the most important shareholder of Twitter, he publicly questioned if the platform is “dying.”

Elon Musk made headlines in early April when he made an enormous $3 billion funding in Twitter. The transfer was seen as a pure match, because the richest man on Earth often spends most of his days posting to the social media platform.

He’s already teased “vital enhancements” for Twitter, and even made a public ballot asking customers in the event that they really need the long-awaited edit button.

Now, simply days after his funding turned public information, he’s already questioning the worth of Twitter.

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Musk took a 9% stake in Twitter initially of April.

Elon wonders if Twitter is “dying”

On April 9, Musk co-tweeted a listing of the highest ten most adopted Twitter accounts with a weird query.

Musk mentioned, “Most of those ‘high’ accounts tweet hardly ever and submit little or no content material. Is Twitter dying?”

Elon, who’s eighth on the checklist, definitely posts sufficient to hold the load of a bunch that features former President Barack Obama and Justin Bieber. However the query was unusual, contemplating he simply poured a ton of money into the corporate.

His submit elicited responses from tons of influencers, together with Twitch star Felix ‘xQc’ Lengyel, who chimed in along with his ideas.

“Folks use twitter for various causes. Most influencers use the platform as a software to propel their model or no matter they’ve occurring. They aren’t actually utilizing twitter. Twitter isn’t dying, massive celebs that don’t have anything occurring don’t want to make use of it as usually anymore.”

NBA legend Shaquille O’Neal additionally joined within the dialog and mentioned, “I feel most ‘celebs’ don’t see the identical numbers as they do from different social media platforms they usually measure success in numbers.”

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In keeping with Statista, 2021 held probably the most year-over person development for Twitter in practically a decade. Regardless of Musk’s issues, it’s unlikely Twitter will die any time quickly.