this post was submitted on 04 Sep 2025
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It was dying of natural causes when he bought it. Elon just held a pillow over its face to speed things up.
If you ever needed proof that people/companies worth lots of money didn't earn it, you can look at twitter as a great example. He pretty much did everything wrong. Massively overpaid for it, lowered the companies valuation significantly, lost a lot of users, advertisers etc.
Somehow it still exists and is relavent and hadn't hurt musks wealth.
Twitter used to be a very effective tool for spreading information (good or bad). It was often used by people protesting against their governments to organize gatherings, events and all sorts of stuff.
Then coincidentally when the USA desperately needs something like that, it is no longer around.
BlueSky
Twitter isn't even an open platform anymore since Musk took over, which completely defeats the purpose of this application—if you need an account to see content, it's hard to say that it's still a platform for public statements, since the content simply isn't publicly available anymore.