$Twitter(TWTR)$Twitter under Elon Musk is going to emphasize freedom of speech that I think is a double-edged sword. While the lifting of speech restrictions encourages freedom of expression of one’s views and open exchanges of opinions, it may promote misinformation and false news unconsciously or intentionally spread. I believe some degree of oversight is still necessary.
Twitter is going to welcome back Trump previously banned for his misconduct. Trump is expected to take advantage of the platform to again proclaim election frauds and announce his comeback for the next presidential election.
Elon Musk has admitted his overpayment for buying out Twitter. As a visionary person full of ideas, he is bound to monetise the social media platform beyond advertising revenue. For example, subscription fee may be payable to sign up and maintain an account. Twitter may evolve to become a super app to expand its addressable market, such as enabling e-commerce and e-payment. It may even set up a trading platform for cryptocurrencies that Elon Musk has been a strong advocate.
Twitter may also go after the likes of TikTok to capture a bigger slice of the social media market, giving other social media platforms a run for their money.
Overall, I believe that Elon Musk after paying so dearly and borrowing so heavily to acquire Twitter is not going to allow it to fail. He will try to find a way to differentiate from competition and integrate it into his other businesses. I believe that Twitter is going to thrive with enlarged user base given Elon Musk’s huge follower-ship and be profitable under his leadership, though I’m unsure if the social media platform with its freedom of speech is going to be beneficial or detrimental for its users.
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