Possible merger of Trump's Truth Social with Musk's X! Analysis of advantages and disadvantages of the strategy

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TSL CEO Elon Musk has been credited with the election, and after Trump's election, political influence has risen, Trump has appointed Musk to co-lead the newly created Department of Government Efficiency (DOGE), and given the close relationship between the two, Kara Swishe, a senior technology reporter and CNN contributor at the Financial Times, speculates that Trump's social platform Truth Social and Musk's X platform may merge. (Synopsis: Trump announced the appointment of Musk to lead the government efficiency department DOGE: dismantling the bureaucracy, Shiba Inu LOGO exposed) (Background supplement: The biggest alpha in this round of Bull Market: Musk deals promote DOGE, PUNT. According to Fortune magazine, Trump is the main shareholder of the parent company of social platform Truth Social, Trump Media & Technology Group, and Musk owns Platform X, and while both companies are fighting for dominance of user time, advertiser money and cultural communication, they do not interfere with each other's possible political alliances. Both Truth Social and X have positioned themselves as free speech havens, allowing for all forms of expression, especially those deemed politically incorrect, Erik Nisbet, director of Northwestern University's Center for Communication and Public Policy, said that since Musk took over, the X platform has gradually moved closer to Truth Social, and both platforms focus on free speech and cater to conservative audiences. In terms of content review, although the X platform has relaxed its guidelines, it is still relatively strict, blocking a total of 5.3 million illegal accounts in the first half of this year, mainly because the platform needs to maintain relationships with large corporate advertisers, and Truth Social has almost no advertising business, so it does not have to cater to advertisers. There are also significant differences in the size of the two platforms, with X being a global brand with users from all over the world, and Truth Social being a regional platform in the United States that primarily serves Trump's loyal supporters with far fewer users than X. According to Similarweb data, on mobile apps, in September this year, Truth Social had 698,000 monthly active users and X had 70.4 million, while X had 1 billion website visits on desktop and mobile and Truth Social had only 11.3 million. Possible merger of Truth Social and X? And the close relationship between Trump and Musk, coupled with the similarities in the business of their social platforms, has led Kara Swishe, a senior technology reporter and CNN contributor at the Financial Times, to speculate that Truth Social and X may merge in the future, and Erik Nisbet believes that if such a deal comes true, it will be good for Trump, but it may not make much sense for X. Truth Social has a negligible number of subscribers and little revenue, with minimal impact on X's overall business, which generated $2.6 million in revenue in the third quarter, and despite Musk's difficulties since his October 2022 acquisition, advertising revenue still far exceeds Truth Social's estimated $2 billion. Any potential deal could yield significant gains for Trump, as his holdings are currently worth about $3.3 billion, Erik Nisbet said: For Trump, this is an exit strategy to cash out equity. He needs someone to acquire his shares. Related reports TSL "five-day big pump 40%" bearish traders blood loss, Musk's wealth soared by $70 billion to secure the richest throne Musk's "DOGE efficiency committee" may cause the largest wave of layoffs in the history of the US government? Still want to abolish the Federal Reserve Fed? Trump and Musk team up to shoot down TSLAbearish traders! Hedging fund lost more than 5 billion magnesium 〈Trump's Truth Social and Musk X may merge! Strategic Analysis of Advantages and Disadvantages" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".

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