: Longtime users have been irritated by the platform’s many outages, technical issues, and concerns over its new algorithm. Lack of Clear Leadership: According to many detractors,
Musk’s capricious decision-making has left the platform’s future unclear, leaving investors and staff apprehensive about its long-term viability. A crucial issue is brought up by the chaos at Twitter:
Will Musk be able to stabilize the site and make it a successful enterprise, or will it keep going in the wrong direction? The loss of $144 billion severely damages Musk’s net worth.
In a short time, Musk, who was once the wealthiest man in the world, has seen his net worth drop by an incredible $144 billion. Among the causes of this significant loss are:
Tesla’s stock loss: Since a significant amount of Musk’s wealth is linked to Tesla stock, any reduction in the company’s value directly affects his wealth.
Twitter’s volatility: Musk’s financial resources have been depleted by the expense of purchasing and running Twitter.
