Elon Musk: “We May Fail, But We Will Try Our Best”

X, the new name for Twitter after it was acquired by Elon Musk, is not going through the best of times.

This recognition was made by the South African-born tycoon himself, the creator of powerful projects such as Tesla, SpaceX, Starlink, who acquired the social network last autumn for an astronomical sum of $44 billion. “The bird is free,” Musk said then, and the first thing he did was fired 4 managers at once.

But in recent months, things have taken a turn for the worse, and even the latest rebranding effort that changed Twitter’s name to “X” – the letter that holds sentimental value for the eccentric tycoon and recurs in several of his “inventions” – has proved fruitless.

The latest disaster, in chronological order, is a bug that removed all photos posted before 2014. But the biggest problems are economic, and even drastic cost reduction with thousands of employees laid off has not been able to bring the accounts in order. Some of Musk’s controversial ideas are also a factor, such as removing the possibility of banning users, which could lead to the degeneration of discussions and, as a result, to the deterioration of the social network’s reputation, which causes uncertainty on the part of investors.

Statements that hint capitulation come from Musk himself, right through a post on X. “The sad truth is that there are no great ‘social networks’ right now. We may fail, as so many have predicted, but we will try our best to make there be at least one.”