As censorship on Twitter increased over the last couple years, other short-form social media platforms have popped up for users searching for an alternative. However, now that Elon Musk has purchased Twitter for approximately $44 billion in the name of free speech, will this change? The Epoch Times turned to Terry Sawchuk, founder and chairman of Sawchuk Wealth, for insight.
According to Sawchuk, it is difficult to determine if users who have left Twitter in favor of alternative platforms, such as GETTR, will return. Sawchuk even believes that former President Donald Trump, who was once an avid tweeter until he was removed from Twitter, is unlikely to rejoin the platform.
“I don’t think that there’s a high degree at all for Trump to go back,” says Sawchuk. “He’s obviously not real happy with the way he’s been treated, and Trump’s not the type of guy that is probably going to make amends on that.”
The other factor playing into this outcome is that Trump simply has too much capital currently invested in Truth Social. As a result, “I just don’t see Donald Trump ever going back to Twitter,” Sawchuk explains.
For the rest of the public, “it’s a little bit like a bad relationship where you just keep going back,” Sawchuk tells the publication. “But, I think, if they really do get their act together, the love is still there and I think people will kind of forget about it and move on.”
Any information discussed in this article is for educational purposes only. It is not meant to be any kind of recommendation or financial advice. The information contained in this video is intended for informational purposes only. Any opinions are those of Terry Sawchuk and not necessarily those of JW Cole Financial, Inc. or JW Cole Advisors, Inc.
Securities offered through J.W. Cole Financial, Inc. (JWC) Member FINRA/SIPC. Advisory services offered through J.W. Cole Advisors, Inc. (JWCA). Sawchuk Wealth and JWC/JWCA are unaffiliated entities.