Resolves if regular people can't access Twitter/X as a form of social media anymore before January 1st, 2025. If there's some edge case, I'll resolve this question to what I personally feel is fair.
Decided to make this question after seeing segments of Elon Musk's interview with The New York Times.
1,000
3.00@VAPOR Mb, I should clarify. I mean if X (I called it Twitter out of instinct) doesn't exist as a company/platform by Jan 1, 2025.
@VAPOR Not directly, but he made comments along the lines of "if X fails, blame it on the advertisers", which makes me feel like he's not confident about X's future. Not betting personally on this market though.
@VAPOR X is heavily burdened by debt repayments, and Elon would have to continuously prop it up by selling his Tesla stock. There wasn't a clear path to profit even when the advertising landscape was a lot better for X. When prompted with the fact that he could keep it going with his personal resources, he said “If the company fails because of an advertiser boycott, it will fail because of an advertiser boycott". He does 100% see social value in X, but I honestly think he's going to stop propping up X at some point to just focus on his more successful ventures. He's currently hemorrhaging money, time, and his personal brand working on X.
I'm actually not sure what probability I would assign to it personally, but I think it's definitely above 20%. Elon is an unpredictable actor, so I'm cautious of assigning too much confidence in my speculation. I'm curious to see how this market turns out.