This seems like the correct answer, but Twitter has (had?) more clout than tumblr did. For example, wasn't Trump announcing things straight to twitter? Tumblr never had that kind of usage.
Technically in name it's gone. The remnants of it carry on. Hopefully the public figures and creators migrate to a different platform already because hearing less about Musk would be better for everybody.
Just curious what Musk did wrong. Seems like ever since he said there would be an organized movement against him, what he's said has come true. Makes the hate feel manufactured by a movement.
I personally hope it will die more than Tumblr did. More like Myspace. But that doesn't seem likely. In fact, the Facebook case seems closer to it's situation: Biggest social network of the world at one point, struggling simultaneously with scandals, legal issues and new competition; slowly losing it's hegemony but remaining relevant in some places...
I think it will last... Until big companies doesn't use it anymore.
Edit:
I forgot to explain why.
Many big companies uses Twitter to announce things, like new products, updates, etc.
I think when they all stop announcing on Twitter, or even change to another platform to continue their announcement (for example, some of I used to follow have been moved Mastodon), these users will think that there're no reason to use Twitter anymore, then Twitter would less known, and less users use it afterwards.
For me, afaik, a local press company I followed a while moved to Mastodon last year, i think that's counts. Rest of them are YouTubers, OSS devs and individual users, etc.
I think Microsoft is on Mastodon too.
Edit: Oops, that's dotnet from MS, it is official account though
Well, Elon's vision is to turn it into an American "wechat" that has everything a user needs. Sort of like a return to dailup AOL days where you opened up one program for accessing the internet at large. It had chat, web browser, music, etc.
That's his vision. He's going to try and move in that direction, and that's partly the reason for the name change. While definitely ambitious, is it realistic? I don't know. It could be a huge failure, staining Elon's otherwise good track record.
For example with SpaceX he managed to reduce the cost of sending satellites by an absurd amount. From $30,000 per pound of material shot up into space, it went down to $1,200.
If he can do half of what he did with SpaceX at "X" then maybe twitter/x has a chance of not only remaining relevant but becoming something bigger.
However my personal opinion is that he is making poor decision after poor decision and unless he has a 4d chess strategy I'm not seeing it's not going well for him. I'm withholding total judgement for now just to see what he's going to do but honestly it's not looking good.
I guess if he bankrolls it long enough eventually it'll get to be something neat but it definitely feels to me like everything he's done recently is being done in greed, to push twitter blue on everyone, no matter how ridiculous the choices seem up front. Plus putting a bunch of the employees out of work and then memeing about it on twitter rubs me the wrong way.