Elon Musk is burning through millions to appease his fragile ego!
There are some who crave attention and those who are obscenely wealthy. Elon Musk clearly possesses both qualities in great quantity. He has been making far too many rash judgments ever since taking over Twitter.
He first implemented an $8 blue checkmark verification for everyone before quickly rolling it back.
Impersonators were out there as a result of Musk’s choice to sell blue check marks. For instance, a phoney who used the handle name of pharmaceutical behemoth Eli Lilly received the blue checkmark. Insulin is free now, according to a tweet from the fake Eli Lilly, which caused the corporation to lose billions of dollars in market value as the share price dropped by 5%.
When an impostor using Lockheed Martin’s identity tweeted that the aerospace business would cease military sales to Saudi Arabia and Israel awaiting further review of those countries’ human rights records, Lockheed Martin suffered significant financial losses. Their stock price dropped 5%.
The $8 blue tick mark concept is a total failure. The Twitter blue tick-mark, which had credibility and, more crucially, trustability, was continuously granted to verified people and businesses. However, the decision to make the blue check mark available for sale in the interest of free expression meant that anybody could use the otherwise reliable service.
Musk promptly took back the functionality after realising the severity of the error.
Musk had a lofty goals at Tesla and SpaceX, which motivated him to achieve significant advancements. However, he seems to be treating Twitter like child’s play, making snap judgments that endure days or even hours. Even tiny businesses wouldn’t engage in anything as absurd as what Musk is doing with a massive social media platform like Twitter.
