Sat, September 28

Elon Musk Plans For Something Beyond Twitter Doge Logo and Titter?

Elon Musk Announces New Twitter Initiative Compensating Creators Market News
  • Elon Musk hinted at the return of advertisers on Twitter.
  • Currently, Twitter stands with a workforce of 1,500 after losing 81% since last December.
  • Musk neither supports nor stands against the US TikTok ban proposal.

Elon Musk reveals unfiltered perspectives about Twitter and its mission of transforming it into the best source of truth. The Tesla CEO and Twitter boss joined nearly 3 million people in the live interview with the prominent UK-based media BBC.

Notably, this session recorded several viewpoints that can be perceived as behind-the-scenes of Elon Musk while handling the struggling Twitter. Events like the replacement of Twitter Bird logo with Doge and the Twitter to Titter change served as Musk’s humorous and impulsive cover-ups. 

The Tesla CEO pointed out the shutdown of numerous service centers as one of the most difficult things in Twitter in the last six months. Significantly, over 81% of the company’s workforce was cut-down since December 2022. As per his updates, the count of Twitter employees dropped from 8,000 to 1,500 at present. 

Elon Musk’s Ambitious Twitter Plan

In recent months, Twitter rolled out the paid Twitter Blue labels and enabled long-form tweets and videos of any length. The platform also has other upgrades — subscriber programs, content monetization service, and open-source algorithms – in the queue. Ultimately, he asserted Twitter is primed to eradicate misinformation and bots through verification labels and affiliation badges.

Elon Musk affirmed:

“No system is going to be perfect in the pursuit of truth. We, at Twitter, are extra vigilant against impersonation.[…] We’re going to be very focused in figuring out what’s real and if not real – trying to address it. If you want real time in news, this is the best place, it’s Twitter.”

The final phase of the interview got reserved for an open-ended interaction between Elon Musk and the community. A popular crypto influencer posted a question demanding Musk’s opinion of his favorite memecoin, Dogecoin. As expected, his opinion towards DOGE remained unchanged. He stated, “there is a lot of potential around DOGE that people don’t realize.”

Another crypto influencer asked if Elon Musk stalked other Twitter Spaces via secondary/fake accounts. He promptly replied he does not enter any Space but does own a second account. As per his saying, this account is for the purpose of beta testing new Twitter features.

Furthermore, the listeners of Space enquired about further information on X – the “everything app.” Elon revealed no specific details related to it, amplifying the community’s interest. 

A perpetual learner who loves writing. Passionate about investing her time and zeal to explore the crypto world. Curiosity and creativity are her superpowers.