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Will social media remain the same again?
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Twitter IPO: Could Elon Musk’s reinvented TWTR as X everything app return to the market?

Twitter IPO: Could Elon Musk’s reinvented TWTR as X everything app return to the market?
$Tesla (TSLA.US)$  founder and chief executive Elon Musk has been very busy ever since his $44bn $Twitter (Delisted) (TWTR.US)$ takeover deal closed on 27 October 2022.
In the few days since, Musk has already tweeted about cost cutting plans, a subscription model for existing users of Twitter, and potentially turning Twitter into an online “town house” via an app known simply as X.
However, tweeting on these topics is a lot easier than actually achieving them. And with these decisions already potentially having a negative impact on profits, it raises the question of whether Musk is aiming to take Twitter public again.
Twitter IPO: Could Elon Musk’s reinvented TWTR as X everything app return to the market?
As of now, one of the big changes Musk plans to make on Twitter is around introducing a subscription tier, in which the users who currently have a blue tick will need to pay $8 to maintain it. Originally pricing it at $20, even the $8 subscription suggestion has not been received well. And brands pull ads from Twitter...
Wall Street Journal reported that prior to the deal closing, Musk had told investors that he may make Twitter a public company again in just a few years after the takeover.
Like other statements made by Musk during this Twitter saga, it is hard to know if he said this in earnest or whether it was to keep investors momentarily happy.
But If ad revenues dry up and Musk’s subscription model fails to generate income, Musk may have no other option but to re-float the company.
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