Tesla CEO Musk has made great contributions to the election, and his political influence has increased after Trump was elected. Trump has appointed Musk to co-lead the newly established Department of Government Effectiveness (DOGE). In view of the close relationship between the two, the Financial Times Senior technology reporter and CNN contributor Kara Swishe speculated that Trump's social platform Truth Social and Musk's X platform may merge. (Preliminary summary: Trump announced the appointment of Musk to lead the Department of Government Efficiency DOGE: dismantling the bureaucracy, Shiba Inu LOGO exposed) (Background supplement: The largest Alpha in this bull market: Musk’s transaction promotes DOGE, PUNT...explosion legend) According to Fortune The magazine reported that Trump is the major shareholder of Trump Media and Technology Group, the parent company of social platform Truth Social, and Musk owns Platform , but does not interfere with possible political alliances with each other. Both Truth Social and The content style of the platform has gradually moved closer to Truth Social. Both platforms focus on freedom of speech and cater to conservative audiences. In terms of content review, although the X platform has relaxed its guidelines, it is still relatively strict. In the first half of this year, a total of 5.3 million illegal accounts were blocked. The main reason is that the platform needs to maintain relationships with large corporate advertisers. Truth Social has almost no advertising business. So there is no need to cater to advertisers. There is also a significant difference in the scale of the two platforms. X is a global brand with users from all over the world, while Truth Social is a regional platform in the United States that mainly serves Trump’s loyal supporters and has far fewer users than X. According to Similarweb data, on mobile applications, in September this year, Truth Social had 698,000 monthly active users, and 11.3 million times. Truth Social and X possible merger? The close relationship between Trump and Musk, coupled with the similarities in their social platform businesses, led Financial Times senior technology reporter and CNN contributor Kara Swishe to speculate that Truth Social and X may merge in the future, Erik Nisbet believes that if such a deal comes to fruition, it will be good for Trump, but it may not mean much for X. Truth Social has a negligible number of users, almost no revenue, and has minimal impact on X's overall business. Truth Social's revenue in the third quarter was $2.6 million. Although X has faced difficulties since Musk's acquisition in October 2022, advertising revenue is still Far more than Truth Social, estimated at $2 billion. Any potential deal could bring significant gains to Trump, as his holdings are currently worth about $3.3 billion, Erik Nisbet said: For Trump, this is an exit strategy to cash out his equity. He needs someone to buy out his shares. Related reports Tesla "jumped 40% in five days" and the Air Force suffered losses. Musk's wealth soared by US$70 billion and firmly secured his position as the richest man. Could Musk's "DOGE Efficiency Committee" cause the largest wave of layoffs in the history of the US government? Still want to abolish the Federal Reserve? Trump and Musk team up to shoot down the TSLA Air Force! Hedge funds lost more than 5 billion mg "Trump's Truth Social and Musk's X biography may merge! Advantages and disadvantages strategic analysis" This article was first published on Dongzuo BlockTempo (Dongzu Dongzhi-the most influential blockchain news media).