A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.
Let’s recap what he did to Twitter, I will go first:
- Changed the original name Twitter to X.
A year after he bought Twitter for $44 billion, Musk thinks the company is now worth $19 billion, a 55 percent drop.
Let’s recap what he did to Twitter, I will go first:
Brand recognition? That’s ironic. The Twitter brand had recognition. But you can’t say X, you have to say “X, formerly Twitter.”
Otherwise you’re right, of course, But I can’t see it being resurrected.
Yes, twitter is the brand. The first action of a sane buyer would be to put the bird logo back. 20 billions of its current value comes from the fact that they still own that name.