Twatter is losing value because it's an echo chamber of leftist bots, politicians, propagandist news personalities, and people hired by celebrities to twat for them. Normies are realizing it's a shithole and the influence is waning.
Less influence means less money doled out for "sponsored" twats. Less money for the bots to create an aura of reality around that messaging. And less money for celebrities to maintain their twat count (many have significantly reduced twats or left the platform this year).
Twatter has always had problems generating cash. Their ad performance is among the worst in social media (bots don't buy product so people won't pay a premium for them). Its inherent value comes from influencing society through artificial messaging.
Twatter is losing value because it's an echo chamber of leftist bots, politicians, propagandist news personalities, and people hired by celebrities to twat for them. Normies are realizing it's a shithole and the influence is waning.
Less influence means less money doled out for "sponsored" twats. Less money for the bots to create an aura of reality around that messaging. And less money for celebrities to maintain their twat count (many have significantly reduced twats or left the platform this year).
Twatter has always had problems generating cash. Their ad performance is among the worst in social media (bots don't buy product so people won't pay a premium for them). Its inherent value comes from influencing society through artificial messaging.