Elon Musk Might Be Turning X Back Into Twitter—Will This Strategy Be Beneficial?
By Giuliano De Leon
Apr 09, 2024 03:50 AM EDT
Apr 09, 2024 03:50 AM EDT
Elon Musk might be returning X to the old Twitter. A former project manager on the platform's trends team claimed this.
Other experts also believe that the billionaire is trying to return his social media platform to how it was before he acquired it.
Former X trends team project manager Gabor Cselle told Business Insider that he thinks a new business strategy for X is unfolding right now. He referred to Elon Musk returning his social media platform to the basics of old Twitter.
"I think the whole thing about making X something dramatically different and reinventing the wheel hasn't really happened, so we're seeing a return to the basics," he explained.
Previously, The Verge reported that X confirmed giving certain accounts free blue checkmarks. This is one of the signs that Elon Musk is really trying to revive the old Twitter.
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Consultant agency Metaforce's co-founder David Camp said that one of the main reasons Elon Musk wants the old Twitter back is to lure advertisers to his platform again.
Since the tech executive acquired X, the platform has lost around 15% of its worldwide user base. This discouraged many advertisers, leading to revenue losses.
Cselle explained that by returning X to the old Twitter, Elon Musk could regain some of his lost advertising partners.
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