July 25, 2023
Enter the Branding of the Billionaire Genius Myth Elon Musk is not a genius, no matter what the media has told us. This “genius” is destroying Twitter because greedy stockholders held him to his bluff to buy the company. As you probably know by now, Twitter is kind of being transformed into X (the announcement could be have been created via ChatGPT?), a company name that Musk has wanted since PayPal. I say kind of for a few reasons. When Musk tried to take down the Twitter signage on the San Francisco office, the SFPD shut it down. X as a trademark is owned by Meta, Microsoft, and many other companies. Close to 900 active trademarks are held in the US Patent and Trademark Office. The Twitter handle X is taken by someone else. Very interesting times indeed. These do not look like the branding moves of a genius. What’s in a Name? Billions of Dollars! The media propped this man up as some genius, but clearly he doesn’t know the value of the Twitter brand. Brand agencies and analysts estimate that Twitter’s brand value ranges from $4 billion to $20 billion. Twitter was created in April 2006, so to flush down all that value, starting from the iconic logo to some already copied, poorly conceptualized, inaccessible font. Inside Twitter HQ in San Francisco, it was down with the bird and up with the X: The co. is projecting the X logo in the cafeteria and changed conference room names […]



