ELON MUSK MAY BE PLANNING TO LAUNCH HIS OWN SOCIAL MEDIA PLATFORM ‘X.COM’ TO RIVAL TWITTER
It seems the Twitter-Elon Musk saga just refuses to die down. With Twitter suing Musk for backing out of the $44 billion acquisition deal, and the court proceedings set to begin on October 17, the Tesla mogul recently teased that he was planning to launch his own social media platform.
Responding to a Twitter user who asked if Musk had ever considered creating his own social media platform, in case the Twitter deal fell apart, Musk simply responded by saying “X.com.”. While most of these derivative platforms are not able to sustain themselves beyond a year or two, Trump’s Truth Social, and India’s very own Koo, have done well for themselves. Koo claims that they have over 7-8 million active users every month and are expecting 100 million downloads of their app, by the end of 2022.
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