Stephen King Criticizes Twitter's Rebrand to 'X', Elon Musk Remains Unmoved Despite Declining Platform Value
Twitter rebrand to "X" met with poor reception from users; Company value drops by over 50%, from $44 billion to $19 billion, under Musk's leadership.
- Elon Musk rebranded Twitter as 'X', shifting away from traditional bird iconography and aiming to create an 'everything app'. This change was received negatively by many, including author Stephen King.
- King strongly voiced his disapproval of the rebrand with the hashtag '#ChangeItBack', urging Musk to return to the former Twitter name and design.
- Despite significant backlash and the platform's value dropping from $44 billion to $19 billion under Musk's leadership, the tech billionaire remains steadfast in his decision to keep the 'X' branding.
- As part of the rebrand, Musk monetized Twitter's verified blue checkmark, offering it as part of the 'Twitter Blue' service for an $8 monthly fee. This move was also criticized by King.
- Musk and King have had several interactions on the platform regarding its changes, with Musk even offering King a free 'Twitter Blue' subscription after an exchange about its cost.