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Musk's Twitter Makeover: Valuation and Vision
This chapter examines the fallout from Elon Musk's acquisition of Twitter, now known as X, focusing on its valuation drop from $44 billion to around $19 billion. The discussion highlights the tension between Musk's ideological goals and investors' expectations for profitability, alongside the impact of major layoffs on advertising revenue. Ultimately, it raises critical questions about the future of the platform and the challenges of sustaining a successful social media business amid drastic operational shifts.