Twitter is not just a platform for sharing opinions. It is a place where millions of people worldwide engage in public debate, share news and express their views. The platform has been subject to intense changes in recent years, especially under the influence of the famous entrepreneur and founder of SpaceX and Tesla – Elon Musk. Therefore, let’s look at how Musk is changing the rules of the Twitter game and what evolution is happening on this platform.

Instead of a bird, there is a cross, or why Twitter is called X now.

On July 24, 2023, Twitter’s home page was renamed “X”, and the domain was changed the day before. The new logo of the social network is a white letter X on a black background. According to Musk, tweets also now have a new name – “X”.

Elon has always been known for his openness and direct communication with his fans and critics. His active presence on X has made the platform even more public and accessible for discussing various issues. Musk uses X to announce new projects, share his thoughts on technological advances, and express his views on important public issues.

Impact on financial markets.

X has become a platform for discussing technological news and a tool for influencing financial markets. Elon Musk’s public statements in X often resulted in significant fluctuations in the companies’ stock prices, leading to significant market changes. This caused outrage among some investors and market regulators, who demanded greater discipline in communication from the entrepreneur.

Development of new functions and tools.

Under the influence of Elon Musk, X began to actively develop new features and tools for users. For example, it introduced the ability to post longer and more dynamic messages and expanded artificial intelligence recognition capabilities to combat malicious content.

Cryptocurrency initiatives.

Elon Musk is also known for his active involvement in the cryptocurrency industry. Due to his public statements, X often influences the prices of cryptocurrencies, particularly Bitcoin and Dogecoin.

Communication with the community.

Elon Musk uses X to communicate with the community and answer user questions, which allows him to be closer to his fans and listeners.

Significant reforms.

• Elon lifted the “lifetime” ban on X accounts.
• Musk unblocked Donald Trump’s account, which had been blocked since 2021.
• The billionaire paid a monthly fee for the account verification mark (“blue tick”).
• In November 2022, Bloomberg reported that Elon Musk plans to lay off half of the company’s employees, approximately 3.7 thousand people. After a large-scale reduction, 2.3 thousand people remained working in the company.
• In May 2023, Elon Musk left the post of CEO X. Former top manager of NBCUniversal Linda Yaccarino was appointed.

Interesting facts about X:

• One of the first tweets was Jack Dorsey’s “Just setting up my twttr.”
• X “was” in space. However, even astronauts from the International Space Station shared their photographs and impressions of space travel.
• X supports over 40 languages, meaning no matter where you are, you can find a community that understands your language.
• The most popular tweet in history was from a Japanese billionaire who promised to give 100 million yen to one of his followers.
• During significant events such as emergencies, natural disasters or social movements, this social network often becomes the primary source of information and communication for people worldwide.

Company X had big plans for the future: They announced that 2023 was a big year and that 2024 would be an even bigger year. These plans include launching new features that make the platform more useful for users, such as the possibility of P2P payments and the introduction of a chat room named Grok. They are also actively working on improving the user experience and interface.

As we see, Elon Musk really and significantly changes the rules of the game in X. Musk uses the platform not only for personal purposes but also to achieve important business and social goals. His impact on the platform is palpable. In this way, X becomes not only a place for discussion but also a tool for changing the world.