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The X Group is having troubles. Big troubles.
Elon Musk, the CEO of Tesla, Space X and Twitter has driven money away from his businesses. The investors are getting really concerned about the billionaire's impact on the companies.
Twitter since his purchase has went downhill fast. The far right was pleased that Musk took over. Many of the banned extremists were reestablished accounts, Washed Up 45 was given his account back, Musk fired nearly all the workers, the platform is charging to post and be verified, he banning critics despite being a "free speech" townhall and now has limited its view of follower accounts, scrolls and tweets. Twitter announced Monday that access to TweetDeck, an app that allows users to monitor several accounts at once, would be limited to verified accounts next month.
Musk has driven advertisers away and has invited strong competition.
Controversial Meta CEO Mark Zuckerberg prepares to launch a rival app this week.
Zuckerberg's Meta group, which owns Facebook, has listed a new app in stores as "Threads, an Instagram app", available for pre-order in the United States, with a message saying it is "expected" this Thursday.
Twitter has seen a decrease and its impact is felt since the Musk takeover.
Let that sink in.
Threads will hopefully launch and recruit influencers to back it up. Meta will rebound and guess what?
Twitter will fall.
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