Seriously, Why Isn’t Elon Selling X Already?

🌈 Abstract

The article discusses Elon Musk's acquisition of Twitter, now called X, and the challenges he has faced in transforming it into the "Everything App" he had envisioned. It highlights the following key points:

🙋 Q&A

[01] Elon Musk's Acquisition of Twitter/X

1. What were the initial expectations and promises around Elon Musk's acquisition of Twitter/X?

• The article states that the initial promise was that Elon Musk would buy Twitter, with Jack Dorsey's support, and turn it into the "Everything App".
• However, this has not materialized, and the reality is far from the initial expectations.

2. What are the key issues that have arisen with Elon Musk's ownership of X (Twitter)?

• Most investors have had a very bad return on their investment.
• X is shutting down in various countries.
• The software enhancements and additions made by Elon Musk's team have not been monumental.
• X has not become the innovative, transformative platform that was expected, unlike Elon Musk's other companies like Tesla and SpaceX.

3. Why is Elon Musk struggling with X (Twitter)?

• Elon Musk is more of an inventor and creative mind, rather than a seasoned business operator.
• He is now having to deal with business challenges like advertiser concerns and government regulations, which are outside his core strengths.
• Elon Musk is not well-suited for the day-to-day management and optimization of a social media platform like X.

[02] The Future of X (Twitter)

1. What is the current state of X (Twitter) as a company?

• X has been failing as a company for years now.
• Its valuation, user base, and overall performance are in constant decline.

2. Why hasn't Elon Musk sold X (Twitter) yet?

• Elon Musk seems to have a personal attachment to the platform and enjoys being a voice on it, even though it is not performing well as a business.
• He is still trying desperately to fix the problems, but the trials of doing so are not succeeding.

3. What is the author's prediction for the future of X (Twitter) under Elon Musk's ownership?

• The author believes that Elon Musk will eventually realize that his time is better spent on other initiatives that are stronger in value than what X is providing to consumers.
• The "Everything App" vision for X is unlikely to happen anytime soon, and the author suggests that Elon Musk should move on to stronger business opportunities.