Elon Musk had previously offered to buy Twitter for $44 billion, before canceling the deal. In addition, Twitter has filed a lawsuit and is now awaiting further hearings in court in October.
For Elon Musk himself, he is seen to be still interested in his own social platform arena.
Responding to Elon Musk's plan if the takeover of Twitter is not successful, he pointed out that he might develop his own social platform under the X.com domain name.
For information, X.com is a financial service that was once developed by Elon Musk, and subsequently merged with PayPal. But, Elon Musk then regained ownership of the X.com domain name in 2017.
If Elon Musk were to launch his own social platform, it would likely appeal to a number of users, including Tesla and cryptocurrency enthusiasts. Not to mention, Elon Musk himself has over 100 million followers on Twitter, besides being the richest man in the world.
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