Just a couple of days ago some one shared a screen shot of X announcing they are temporarily stopping advertiser revenue sharing so X is having some serious issues right now and they have not even considered competing with tiktok so I doubt they can challenge YouTube for the title of the best video hosting platform really and let us not forget twitch which dominates live streaming in the US.
I would say, don’t underestimate Elon Musk, give it a few years and the right wing evolution of society
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I never have underestimated Elon Musk but his X sides of thing has been a disaster since he took over as CEO of the company. He named the famous name of Twitter to X which looks like a porn domain now and then he is always making huge changes to how twitter used to work like adding in advertiser revenue sharing and then pausing this advertiser revenue sharing for many accounts then on a whole as well. He some times says that Mr.Beast will become new X ceo, I mean he is all over the place and that is why smaller companies like Mastodon and Bluesky for a smaller extent has taken a lot of users from X to their platforms some how. Elon Musk will remain the no 1 billionaire in 2024 some how but I donot think he knows how to run a social media website.