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  • thingsiplay
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    382 years ago

    @chiz X is so easy to search in internet. So many results; it gets never boring! Very unique name and brand.

    Spez: Write it down, write it down! Let’s rename Reddit to Z! Employee: Why Z? Spez: What do you mean why? Does X make any sense to you too? Employee: All right, I should have never questioned you.

      • @[email protected]
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        42 years ago

        He seems to have had some lucky moves, and the whole “Tesla, SpaceX, Starlink, Boring” still look like a decent combo.

        Everything else, looks like what someone with DGAF money would do to pass the time. At least he’s not going on a safari collecting trophies, or something.

    • SSUPII
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      22 years ago

      There are speculations he is under a very severe mid-life crisis.

    • @[email protected]
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      182 years ago

      No rich person is actually smart, they are all addicted to money and can’t get help over it. But their moves in the business world are all calculated, this guy is doing exactly what he wants to do and their goal is to make money not to lose them.

        • @[email protected]
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          12 years ago

          Money are an addiction just like smoke, sex or drugs. If you can’t cope with being addicted to gold at the end of the day you are dumber than some kids

      • @[email protected]
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        192 years ago

        Smart people are more risk adverse. It seems like the only way to become mega wealthy is to haphazardly gamble. We only hear about the successes due to survivorship bias.

        They really are just lucky bastards.

        • @[email protected]
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          12 years ago

          They are lucky because the average person won’t even bother checking out on wikipedia how they become so rich

        • @[email protected]
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          232 years ago

          Lucky, or in Elmo’s case, born with a platinum spoon in his mouth thanks to daddy’s apartheid emerald mines.

          • Doug [he/him]
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            62 years ago

            That’s a very big part of it.

            When fucknugget wanted to start a company he had plenty of credit either on his own, with his name, or both. If he blew 50k in an attempt he could try again next week.

            If I blew 50k I’d be homeless.

            It’s way easier to high stakes gamble when you won’t notice you lost.

      • @[email protected]
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        102 years ago

        this guy is doing exactly what he wants to do and their goal is to make money not to lose them.

        How does this make him money exactly? lol

        He is literally just killing off his website.

        • @[email protected]
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          32 years ago

          My guess: the same way the now called Meta benefited from stalling facebook and moving people to their other platforms like instagram. These marketers perceive everything in market terms, twitter is old and they need to release a brand new product to hook people up

        • @[email protected]
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          22 years ago

          I’m waiting for the next step when he tries to add features to make X whatever he envisions. Oh, those devs I fired. Hey, why can’t we hire anyone? No one wants to work.

    • @[email protected]
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      72 years ago

      Depends.

      If he thinks Twitter is irreperably dying, this may be a way, in which he can get out of repaying the loans he used to (partially) fund the buyout of twitter.

      • @[email protected]
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        152 years ago

        If you’re thinking this an “artist formerly known as Prince” sort of thing where Prince got out of a contract, I’m sure all the debt holders have the proper legal verbiage to have agreements remain valid in the event of a name change.

      • milkjug
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        42 years ago

        At some point some creditor should be desperate enough to do a margin call, since the loan collateral is next to worthless.

        • @[email protected]
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          2 years ago

          depends how the loans worked.
          I was assuming his majority shares of X (ex Twitter) collateral.
          And that that he could just go “yeah, go on, collect on your collateral, I don’t mind”, because it’s not worth anything anymore.

          But admittedly I have no Idea how the contracts were drawn up, if this is possible and if his other money would be available to collect on.

        • @[email protected]
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          182 years ago

          The lenders lawyer arrives at the Twitter office:

          Lawyer: This is Twitter, is it?

          Musk: (with a fake mustache) No, it’s X.

            • @[email protected]
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              62 years ago

              That makes me think of the theory about Saudi Arabia and probably other countries have had it in for Twitter since Arab Spring.

              So this is just Elon doing as instructed: “Make Twitter disappear, but make it look like an accident”

    • zephyrvs
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      32 years ago

      An insight that’s coming a couple of years too late though.

  • Voyajer
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    82 years ago

    Twitter is Twitter. Facebook is Facebook too for that matter.

    • Big P
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      112 years ago

      It’s funny because Facebooks rebranding to Meta spouted the exact same BS about the metaverse being a platform for everything, something something AI, etc etc and it failed publicly and hard

  • @[email protected]
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    212 years ago

    I want to know, what are “tweets” and “tweeting” going to be relabeled as?

    I can just see conversations like:

    “Dude, did you see the latest X from Eminem?” “Yeah, I re-X’d it to all my buds!”

  • Gormadt
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    1942 years ago

    Ffs

    Yes change the name and iconic logo of a huge corporation, that will go over great.

    If he hadn’t demonstrated his incompetence earlier I’d think it was intentional.

    I still think there’s a bit of intent to destroy the company but it’s kinda hard to tell.

    • @[email protected]
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      1212 years ago

      There’s a woman over on Mastodon making the argument that he’s trying to destroy it so it can’t be used to organize left-leaning political action (fundraising, activism, issue messaging, etc) any longer. She makes a compelling argument.

      • Nepenthe
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        2 years ago

        I’d believe it if I hadn’t already heard of Musk being the type to fire workers in his line of sight at pure random simply to fire someone. It apparently got so bad that aids would plan the route he would take to the meetings around having as few victims as possible out in the open.

        It would be a smart move for anyone, and he is succeeding to a good extent (they’ll just go elsewhere?), but I think that’s just a happy accident of his. I feel like he’s really just using it as a chew toy so he can feel all big and important with the headlines. If he were being journalistically gray rocked, I wonder what he’d do.

      • Big P
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        312 years ago

        The issue with that argument is… Why? He is a business man, activism generally doesn’t effect him, tesla cars are generally liked by left leaning middle class, why would he spend so much money to destroy something?

        • @[email protected]
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          152 years ago

          One factor is his obsession with crypto and Blockchain shit. Left-wing activism generally stands against that stuff because of the environmental impact. Additionally, right-wing political movements recently have been lowering safety standards in business. Bad for the worker, but great for the bottom line.

      • Xerø
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        72 years ago

        I’ve been saying the same thing in multiple Lemmy posts and on Mastodon. Twitter and Reddit were both used by progressives to organize.

      • bedrooms
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        962 years ago

        I don’t buy that. He tried to cancel the purchase. He’s also losing money, and so it’s definitely not a 3D chess.

        • @[email protected]
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          292 years ago

          Not only that, it would have been easier and cheaper to just shut the whole thing down after taking ownership. His very public (mainly by his own tweeting) stewardship of Twitter is damaging to his reputation, and the reputation of his other businesses. The reality is, he just is that dumb.

          • @[email protected]
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            52 years ago

            If he’d just shut it down, he probably would have been personally liable for Twitter’s debt, because he didn’t even try.

          • @[email protected]
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            112 years ago

            His net worth has only gone up since he bought it, iirc. Tesla will continue to print money at least for a little while until other automakers catch up on EVs. SpaceX doesn’t seem to have any viable competitors, and both sides of the aisle agree on privatizing space, so that’s a big growth industry. This is the unfortunate fact of capitalism in general and late-stage capitalism in particular.

            • Ech
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              2 years ago

              His net worth has only gone up since he bought it, iirc

              It absolutely didn’t. His net worth dropped over 50% in the months following the purchase. It’s back up above $200b at this point according to Forbes, but he’s still down from his pre-purchase state.

        • @[email protected]
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          492 years ago

          Didn’t Twitter almost take him to court if he didn’t follow through with the purchase? I think he got caught in his over investment in Twitter last year, and rather than go through a trial with discovery (I think he NEEDED to follow through to avoid this specifically), he decided to go through with the purchase. I wonder what the hell they would have found during a trial discovery that made him sink $44B.

          But what he’s doing now? I don’t think it’s related to that. I think it might be to help manipulate stocks, as we have seen him do several months back. Maybe he thinks that destroying left-leaning political action saves him in taxes? He destroyed public transportation in California just so people would theoretically purchase more Tesla cars. Nothing is beyond being trampled by Musk if he thinks he can benefit by stumbling over the other side of the corpse.

          • @[email protected]
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            92 years ago

            Yeah, he was way too cavalier with the documents he signed while negotiation with Twitter. It would have cost him $1Billion to back out. But that is a bargain compared to what he had to do to come up with the $44B he paid for Twitter.

            • Ech
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              52 years ago

              On “behalf” of Twitter. What a fucking clown.

          • DJDarren
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            82 years ago

            He’s the consummate failson. Rich enough that he’ll never actually experience any tangible negativity from his various ventures, if he has a skill, it’s in self-publicity and (historically) throwing money at ventures that are already on an upward trajectory.

            But I feel that all the cocaine and being surrounded by Yes Men have led to him tipping over the edge.

      • blazera
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        202 years ago

        he bought it pretty soon after a meeting with Putin, while the Ukraine invasion was fresh and international support was rallying on Twitter. So, blackmail, bribery, buy up Twitter and immediately gut it.

    • fearout
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      2 years ago

      I saw this article posted in another thread and it seems to explain a lot. Not sure how close it is to reality, but it looks like nostalgia is at least a partial reason for this change.

      Yep. Fucking nostalgia.

      • @[email protected]
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        112 years ago

        It makes a lot of sense!

        To err is human, repeat the mistake is foolish

        Thx for sharing the article!

  • @[email protected]
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    2 years ago

    I went and deactivated my twitter accounts today. I got Lemmy and when I do my own servers via my own app, I’ll enjoy a twitter alternative again. Edit: Im saying this because my mind went to action not bitching. I think the X rebrand is like a sign of the times and the official “okay twitters dead” moment.

    • frog 🐸
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      92 years ago

      Last week I deactivated both my Twitter account and my Facebook/Instagram/Threads account, and it was truly a joyous experience. Just the sheer “screw you all” glee of it all. 10/10 would recommend.

  • sab
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    2 years ago

    It’s just the trump style of marketing. Do stupid shit constantly and the media will never shut up about you and people will never stop talking about whatever bullshit it is you’re selling.

    I’ll believe it once the Twitter name and the birdie are both removed off the face of the site and gone for good. And even then I’m not entirely sure I’m going to care all that much.

    • thingsiplay
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      42 years ago

      @sab He is really dedicated into killing Twitter. This is basically a new service with the user data he purchased.

  • @[email protected]
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    462 years ago

    He got a company and a social media that is remarkable, and recognizable, and even has an action verb related to it, “tweet, to tweet, tweeting”.

    And he decided to piss on it and create the X app. Adding insult to injury is that it’s again, another techy black and white logo. Of course, because that’s the silicon valley trend isn’t it, black and white clean minimalist corporate logo, no soul, no community, just corporate all along.

    • @[email protected]
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      182 years ago

      Yeah this really makes sure Twitter will be x’ed.

      He really put afterburner on that dumpster fire.