re: "Twitter-X has been a colossal failure since Elon purchased the platform"

Twitter's revenue has tanked over the past year. That's the only metric that matters.

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Yea I would say so. Yahoo is on par with CNN.

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Yes this . Left wing liberal outlets along with most other mainstream minus fox news.

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So you know there is a difference in what Elon thinks Twitter is worth vs the market cap, correct?

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they are still related.

the market cap had dropped to 28 billion and now its back to 41 billion.

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What I don't think they understand is that if X fails then either the traffic from there will go to other SM or a new similar platform will pop up

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You might be right, but I'm not sure. If your local hardware stores closes and another opens, sure, you go to the new one. But social media sites have a weird amount of buy in, and Twitter might be the acme of that. People don't like the feeling of having to "rebuild" the clout and following they already have, and that's especially true for older people. And assuming this copy and paste works, Twitter definitely trends older for social media:

Age Group --- Share of Users
13-17 --- 6.6%
18-24 --- 17.1%
25-34 --- 38.5%
35-49 --- 20.7%
Over 50 --- 17.1%

Do I think all of Twitter's users would just stop interacting with social media the way they do with Twitter? No, I don't think so. But would a solid third just... stop? Yeah, maybe. Twitter is a bit of strange holdover from the early days of the mass market internet. Same with Facebook. If FB died tomorrow, I highly doubt even half of its current userbase would migrate over to whatever new service takes its place. I know I wouldn't. Using it is more habit than anything else at this point.

i dont feel strongly about elon one way or the other but twitter has become a dogshit platform. half my notifications are spam/porn bots, randomly promoted tweets (in addition to the "for you" page full of people you dont follow), or an alert begging me to turn on notifications or link my phone number.

also with the comment section prioritizing blue checks you have to scroll through a mess of crypto idiots before you get to a normal person

Dude is a modern day Edison and Midas all in one. Folks who bet against him do so at their own peril.

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half my notifications are spam/porn bots, randomly promoted tweets (in addition to the "for you" page full of people you dont follow), or an alert begging me to turn on notifications or link my phone number. also with the comment section prioritizing blue checks you have to scroll through a mess of crypto idiots before you get to a normal person

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I deleted my account a few years ago but it’s funny because this was my reason for deleting then

My feed was no longer normal people, but just a bunch of “journalists” and news agencies being promoted and all the replies were from “verified” users (the vast majority of which were left leaning viewpoints) and it took forever to scroll to find actual real people commenting.

the whole platform just lost normal, everyday accounts posting normal stuff so as a normal, everyday user it just lost all appeal for me. I didn’t need another news aggregator or discovery engine for influencers, politicians, celebrities or “journalists”/bloggers

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Facebook is the Walmart of social media

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People of Facebook would be awesome.

I do wish he would unban me.

I was hacked and my account was permanently banned for spamming.

I appealed but have heard nothing about it 3 months later.

Couple of things to unpack

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On Monday, employees at X were awarded equity in the company at a valuation of $19 billion

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These valuations are not necessarily accurate representations of the true valuation of the company. It’s actually beneficial to the employees to have a lower valuation, as they’ll make more in the event of an IPO (the larger the spread, the more in an employee’s pocket). We’ve actually had to explain this to board members as they sometimes don’t understand how this works for private companies. BTW, it’s not an inaccurate valuation, it’s just one that will be at the lower end of the valuation range that can still be justified to the auditors(valuation is an art, not a science).

Regarding market cap, Twitter/X does not have a market cap, as it is not listed on a market that provides an arms length share value. It has a valuation, and valuations can vary based on the set of assumptions used. In practice, you’d like to value using three different approaches and see where the ranges overlap.