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Why Elon Musk Acquires Twitter

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Written by   308
5 months ago

The news flashed the headlines as well as the blogs!

The blogging arena is overwhelmed with news headlines. Who won't like to write something like Elon Musk's over-hyped acquisition of Twitter?

Let me admit, I like Elon Musk's "never-give-up" entrepreneurial mindset. The world watched how Elon ground all the coarse stone-like problems around building a profit-making business of electric vehicles in his dream project Tesla.

  • I like Nikola Tesla more than all the celebrity technology entrepreneurs of today. That is another story I may write some other day. Watch out for it!

Elon Musk and all business owners like money. Business owners also need people's attention. No business can run without the support of the common mass.

  • I think this is the main reason. Let me elaborate a little bit in the following sections. Business truths are almost the same whether it is pharma, technology, social media, or news media.

Elon Musk's acquisition of Twitter is a calculated business step.

A successful business owner wants more money

I suppose Elon Musk has been experimenting with entrepreneurial exercises since his days in PayPal, a timeless business venture in peer-to-peer payments. Later Elon developed several profit-making businesses, including the electric vehicle manufacturing company Tesla.

Business is not a charity. A successful business owner won't acquire any business without any prospect of profit. The same reasons hold true in the case of Elon Musk, who made a huge profit from his businesses during the last two-plus years of the so-called pandemic or "PlanDemic."

The main reason for Elon's acquisition of Twitter is business, which revolves around making more money from the investment. You and I can't criticize a business owner for wanting profits from an acquisition. Earning more profit is a part of every business.

Business owners need people's attention

All businesses need support from the common mass, even if they are not direct clients or buyers of their products and services. The common mas can support a business brand propagate via social media.

The branding of a business may not grow without direct support from the people. Social media can boost a business brand with active support from the mainstream news media. Cross-check why the Amazon owner acquired the Washington Post.

  • Elon Musk's holding a top-running social media platform like Twitter gives him an edge over many of his competitors running businesses in closely related fields.

  • Elong can not only command promotion of his existing businesses through Twitter, but he can also promote whenever he launches a new business in the future.

  • Elon can also view his competitor businesses' promotion plans via Twitter and take necessary controlling (censorship) measures to stop them!

We really don't know his immediate plans. The above points are very much possible for any successful business owner. There could be many more plans that we may come to know in due course of time.

Business innovations are additional agenda

I see blogs on Elon Musk's Twitter acquisition where bloggers praise Elon for successfully acquiring a social media giant.

Initially, an acquired business company runs along the same line it has been running. I don't think Elon will make any sudden change in the functioning of Twitter.

  • First of all, Elon will ensure the profit out of the Twitter acquisition.

  • After many months, I anticipate that Elon may execute some business innovations in the social media business.

But, business innovations are generally additional plans of acquisitions.

Closing thoughts

Elon Musk's acquisition of the profit-making social media platform Twitter is a calculated business step.

Elon Musk acquires Twitter for two main probable reasons:

1) To continue to yield assured profit out of it;

2) To utilize the popular platform to promote his new business plans.

People are expecting many things from Elon Musk on Twitter.

I want to request you to look at another top-running business acquisition.

Compare another big acquisition - LinkedIn by Microsoft in 2016.

Microsoft acquired LinkedIn in 2016. The users have been raising voices that LinkedIn has become worse than before its acquisition by Microsoft in 2016!

Don't expect Twitter to become better after this acquisition.

About me

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  • I develop password security and cybersecurity solutions relevant to cryptocurrencies, blockchain, and other block-less distributed ledgers.

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Unity (Debesh Choudhury)

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April 27, 2022.

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Written by   308
5 months ago
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The best thing Elon Musk can do with Twitter in the immediate future will be to remove the 164/280 character limit.

Facebook was not really going anywhere until they removed the limits. Now people can FREELY express themselves. Twitter NEEDS to do the same.

$ 0.01
5 months ago

Right. The text limit can repel the users. Another silly thing is the "misinformation" censorship by Twitter and all other social media.

$ 0.00
5 months ago

I am not really a fan of Twitter on the political side of it, just the entertainment and the cryptocurrencies. Now, I am wondering how worst it could be.

$ 0.01
5 months ago

We have to watch and decide. I am also not a fan of social media.

$ 0.00
5 months ago

Let's watch while eating popcorn, sir.

$ 0.00
5 months ago

Now, it is time to prepare something for a late dinner!

$ 0.00
5 months ago

Elon musk acquiring Twitter is a great move for him business wise and it gives him freedom of expression to talk about any topic of his choice.

It might not be really good for all the users, but it will take a lot of hard work to make Twitter a profitable company

$ 0.01
5 months ago

We may hope the business of Twitter may improve.

$ 0.00
5 months ago

Indeed for sure Elon Musk acquiring Twitter is for business purposes.. but they said it'll be back being a private company under his ownership.

$ 0.01
5 months ago

Let us hope the execution of a private company will bring tangible benefits to the people.

$ 0.00
5 months ago