For what I can tell, Elon bought Twitter to take it off the stock market, fix it as a private company, creating growth and profitability, and then list it later to make his money back.
He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce. Very much like WeChat where it serves as a platform for things like restaurant bookings and hailing a taxi.
I do agree though, it doesn't feel like renaming it to X is the right approach if this is the longer term vision. Personally I would have thought about Twitter X with these additional services and a much slower migration to X to align with the Everything App vision.
He sees the X vision to make Twitter become the Everything App, where people turn to it for more than just messaging, but video calls and commerce. Very much like WeChat where it serves as a platform for things like restaurant bookings and hailing a taxi.
I do agree though, it doesn't feel like renaming it to X is the right approach if this is the longer term vision. Personally I would have thought about Twitter X with these additional services and a much slower migration to X to align with the Everything App vision.