The only issue is that Musk vastly overpaid for Twitter, but if he plans to keep it and use it for his political ambitions, that might not matter. Also remember that while many agree that $44B was a bit much, most did still put Twitter at 10s of billions, not the $500M I think you could justify.
The firings, which was going to tank Twitter also turned out reasonably well. Turns out they didn't need all those people.
Not to mention that now Grok is just openly white supremacist, calling itself MechaHitler and is flat out accusing Jewish people of wanting to kill white babies (https://www.nbcnews.com/tech/internet/elon-musk-grok-antisem...)
You can judge for yourself whether bluesky is a competitive threat.
I misremembered an article from yesterday. It's threads that's catching up w twitter.
I don't know how true that was of Twitter pre-Musk takeover, especially as many of the most direct comparisons didn't exist back then, so I can't say if Musk's takeover specifically made it less effective or not.
Monthly active users, fair, but it also depends on the type of users that remain. My take still is that the users X cares about are politicians, journalists and the general elite. They are still on X. It doesn't matter that some random tech worker switched to Bluesky or Mastodon, those were never profitable anyway, complained a lot and used third party apps.
But it was always worth less that half of the purchase price. The Twitter board completely ripped of Musk. Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users.
Twitter was profitable in 2018 and 2019
I was wrong.
True but since he never provided any hard numbers, especially after totally owning the thing, makes this point moot.
Now do bluesky. X is doing fine. Turns out network effects are real.
He ripped himself off because he couldn’t keep his big trap shut.
It's annoying as hell
There is mastadon - dead for mass market, threads - dead entirely.
How many times do people need to be told that network effects are really real?