This week, we asked the Invstr Community what their opinion is on the future of Twitter following the acquisition by Elon Musk. The winner by a very slim margin was the 33 percent of Invstrs who believe that freedom of speech will drive more users. Musk is known to be the king of free speech, and this was a reason many on the platform were enthusiastic about his acquisition. The prospect of true free speech policies could attract more users, especially from those on alternative sites like Rumble, who want to use more of a mainstream platform. Currently, the effects of the acquisition feel like there is a mass exodus from the app, but this option is the smartest, nonetheless. In second place is the 29 percent of Invstrs who believe Twitter will attract more online trolling because of the Musk acquisition. Musk is an internet troll himself, so naturally trolls are going to start having fun on Twitter as a result. Musk has already gotten into a conflict with celebrities impersonating him, instituting a rule that impersonators will receive a permanent suspension, meaning that online trolling is already prevalent in the early days of the Musk saga. As Musk is in control of the rules, he’ll keep the trolls in check, making this a smart option for second place.
To close out the podium, we have the 26 percent of Invstrs who believe that Twitter is set for success simply due to the fact it’s in Musk’s hands. Musk currently owns 2 of the most influential companies in Tesla and SpaceX, and Twitter can complete the trifecta. Musk has a lot of experience in the world of business management, and it’s clear he has a lot of ideas on how to improve the app given he is one of the most active users. As Musk is very passionate about this venture, this is the best option to get the bronze medal. Just outside the podium are the 7 percent of Invstrs who believe Twitter will become a key tool for influencers. For most influencers, the platforms of Instagram and TikTok tend to suit their field better as you can get more engagement from the age groups you are targeting. Considering that Musk doesn’t have much of an intention to take the company this route, it’s surprising this wasn’t a last place finish. Speaking of last place, we have the 5 percent of Invstrs who believe Twitter will now become a superapp. You can’t rule out anything when it comes to Elon Musk, and a superapp does seem to be in the realm of possibility because it could connect all his businesses. Unfortunately, this has a low probability because a superapp would be extremely hard to implement and sustain, but this could’ve made a run for fourth place.
Have you noticed any changes with Twitter recently? Have fun and see you next time with more poll results!
- The Invstr Team 🙂