The owner of Tesla, SpaceX and Twitter is once again looking for the Meta boss when he should be dealing with his problems first.

Elon Musk and Mark Zuckerberg are in a bit of a rivalry, especially after Meta launched a Twitter rival, Threads, which hasn’t really taken off after some initial momentum (it’s lost 80% of its daily active users since launch). Musk has challenged Zuck to a cage match, there was the time he brought up a comparison of their manhoods, and now he’s proposing to rename Facebook. Inconsistent? Yes. Can you find any logic in it? No.

The Babylon Bee, a satirical publication, reported that Musk offered Zuckerberg $1 billion to rename Facebook Faceboob. Musk responded on Twitter, and he really does think it would be a much better name. But there is a pattern here: Musk attacks those he fears the most. He has also taken aim at the US Securities and Exchange Commission (SEC) and Jeff Bezos, the man behind Amazon (the latter of whom he says parties too much).

Since Musk took over Twitter, its value has fallen by more than 50% (he bought it for $44 billion, it is now worth around $19 billion). The site is slowly but surely being used less and less as the number of daily active users dwindles. This has been acknowledged by CEO Linda Yaccarino (down 11.6% to 225 million). But she believes the company will be able to turn a profit in 2024. That’s why they’ve introduced a $1 a year subscription for new users in some countries just to use the site, and also changed their subscription, which started as Twitter Blue and has since been renamed, to three tiers (we wrote about this a few days ago). The first is aimed at getting as few spambots on the site as possible, but so far Twitter has not succeeded, as we are seeing more of them rather than fewer.

Twitter won’t go down that easily (Musk renamed it in vain when he did it at PayPal two decades ago, but it didn’t work there either), but Threads will.

Source: WCCFTech