AOL and Yahoo are still around, so I don't think it'll ever completely disappear. But it's going to keep becoming more and more irrelevant by the day indefinitely.
this post was submitted on 30 Aug 2023
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Musk is the richest man on Earth, give or take a few billion here or there. He can keep it running as long as he wants. It's nothing but a toy to him. The problem will start when he finally gets bored of it, because he has already broken it to the point that nobody else will want it. He has killed it, it's just not dead yet as long as he keeps swinging it around and paying its bills. But one day he'll stop doing that, maybe once he finds a new, shinier toy. We just don't know when.
I don't think Musk is too happy with this purchase. The price was a significant premium and he knows it. I am not sure if he is cash positive or profitable yet. But if not, putting even more money into an expensive purchase is a hard pill to swallow. Even for someone of his wealth.
Most of his wealth is on paper. This was a pretty large purchase even by his standard.
It's only gonna shut down if people finally stop complaining and migrate to another platform.
Which they're absolutely not doing right now...
Elon has to much Ego to just let it die. He'll prop it up and keep it running. It'll just be like Myspace, slowly becoming forgotten.
Twitter won’t just up and die, they will slowly fade into obscurity over years. It has already begun with Elon alienating almost everyone but his sycophants and right wing propaganda bots, which causes a slow drain of the moderate users until nothing is left but the worst people, turning it into a personal echo chamber for him and his agenda.
Everybody in this thread is guessing.
Musk bought it, so it's a private company, now. It'll stay up as long as he wants it to stay up. How long are you going to keep your Minecraft server online? As long as you want to, right? Same thing, larger scale.
If he wants to close up shop, he can do that. If he wants to operate it regardless of revenue for the next 10 or 20 years, he can do that, too. He could also sell it, and then the next owners would decide what happens.
Yeah, what we're witnessing right now is Musk downsizing to the point that he can basically operate it at a loss indefinitely. It'll stay around until everyone leaves and he's only left with bots and his own echo chamber, which could take a while.
And what about his Saudi investors?
Yeah people are forgetting that he borrowed a lot of that money and even bet against his Tesla stock to make the purchase. If he can't financially turn it around he's going to be fucked.
saudi will ~~buy~~take it from musk, and run it as one of the aramco subsidiary
To be blunt, it won't die until people stop talking about it constantly. But even if it doesn't die, it's a useless site to anyone with half a brain.
Is this karma farming post?
Just a young account.
Not soon enough.
Mastodon is a much better alternative to Twitter/X.
It's probably some sensational headline. Twitter is too big to fail. And Elon wants to convert it into his idea of an everything-app. So he will probably not kill it tomorrow either. And there currently isn't a competitor that is enticing customers away at any alarming rate. So no reason to think it is collapsing.
Not anytime soon.
There are vested interests who could probably keep it afloat on their own dime alone, and it would be worth every penny if they were forced to do so. It’s a ready made propaganda platform with a built in audience and sympathetic leadership. The only reason they’re trying to make profit with it is because it’s less money out of donor and investor pockets.
No.