Saturday, April 9, 2022

QUESTIONS ON SOCIAL MEDIA: 'Is Twitter Dying?' Asks Musk, Citing Inactivity of Top 10 Accounts On Platform

Source: Republic World

Published: April 9, 2022

By: Ananya Varma

Days after becoming the largest shareholder of Twitter, tech-billionaire Elon Musk left everyone stunned after he asked users whether the micro-blogging platform was in fact 'dying'. Reacting to a post on the top 10 accounts on Twitter, Musk pointed out how most of the users on the list tweeted rarely and posted very little content.

The SpaceX CEO cited American pop artists Taylor Swift and Justin Beiber who occupied the sixth and second places on the list as examples. "For example, @taylorswift13 hasn’t posted anything in 3 months...," he mentioned. "And @justinbieber only posted once this entire year." 


Netizens React

While several netizens agreed that celebrities were moving to other platforms to propel their brand, others countered Elon Musk's theory asserting that platforms did not 'live or die' based on the activeness of influencers, which were smaller in number compared to the millions of other users active on Twitter. 


Musk becomes largest shareholder in Twitter, appointed to company board 

On April 4, Elon Musk bought the majority stake in Twitter, making him the largest shareholder in the company. According to a Securities and Exchange Commission 13G filing released on Monday, the billionaire owns 7,34,86,938 shares, which makes it 9.2% of Twitter's total stake and is worth a whopping $2.9 billion. Shortly after, he was announced as the newest Twitter board member by Twitter CEO Parag Agrawal. 

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