It’s fair to say that when Elon Musk, the wealthiest man on the planet, was linked with a leveraged takeover of Twitter initially, it caught many people off guard. And while it appeared as though the deal was on one minute and off the next, the man behind Tesla finally got everything over the line, and Musk is already beginning to make his presence felt.
One thing you can say about Musk is heโs certainly not a man who stands on ceremony. He wants to do things his way, on his terms and in a fashion that aligns with his vision, regardless of who this upsets along the way. And, as we have seen already, there have been multiple exoduses of sorts, with some top brands and companies stepping away from Twitter due to the direction in which Musk wants the platform to go in from here on in.
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The key take-home from Muskโs first few days in control of Twitter is that he feels it is losing too much money as a business, and some companies stepping away from the platform hasnโt helped with this either. So, heโs set about correcting this in a couple of ways, one being the introduction of Twitter Blue, where regular people can pay a subscription fee for perks such as a blue tick. And the other is to approach other global brands, perhaps in the gaming sector, as these companies are always in search of new marketing opportunities. Renowned brands like Partycasino, would no doubt seriously consider the chance to promote their brand and can be a great way of helping boost Twitterโs revenue streams.ย
It’s always going to be tough when you have a disrupter like Musk take control of a platform like Twitter that has been run in the same way it has been for years, especially when you consider how headstrong he is and his feelings surrounding matters such as free speech. Itโs naturally led to a lot of upheavals, with reports suggesting that many staff have either been fired already or chosen to leave the company, with Musk looking to usher in a new era where you are either with him or youโre out.
But, even though the future of the leading social media platform is very much up in the air and unclear, with some not holding out much hope for the future, Musk does have a proven track record in terms of his exploits in the business world. And that should provide those airing on the side of caution with some solace that he could very well turn this around and make Twitter bigger, better more accessible, and crucially, enjoyable than it ever has been before.
Conclusion
As always, the proof will be in the pudding. Itโs ok to talk a big game and say weโre going to do this and that, but without action, itโs just words. Some will say that Twitter was fine as it was before, while others will be keen on change. Itโs now over to Musk and those who are still with him, and those who will inevitably join him, to deliver the changes that people want and need and not let this become a billionaireโs plaything that ends up permanently broken and beyond repair.
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