9min

25 June, 2024

The Twitter rebrand: “X” instead of the bird

SMM

In the age of digital technology and social media, brands are constantly looking for ways to stay relevant and appealing to their audience. Yet when the well-known billionaire Elon Musk announced the rebranding of one of the most popular social platforms — Twitter — the world met the news with a certain surprise.

The legendary bird, for years inseparable from Twitter, gave way to a white letter «X». The change, confirmed by Musk himself, became the subject of lively discussion among internet users around the world.

In this article we look at the reasons behind the rebrand, and try to understand what the new logo means and how it may affect the future of Twitter.

Table of contents:

The story of the Twitter rebrand in 2023

The story of the Twitter rebrand in 2023 begins with Elon Musk's ambitious statement that he intended to change the social network's logo from the bird to the letter «X». The decision was part of his long-term strategy of building an «everything app» that could also include shopping and banking services.

Interestingly, the idea of using the letter «X» as a brand is not new for Musk. In 1999, as a young entrepreneur in Silicon Valley, he planned to launch an online bank called X.com. That project was funded by the proceeds from the sale of his previous company, Zip2, for 341 million dollars.

The name X.com was chosen during a meeting in a cafe in Palo Alto. According to former PayPal executive Julie Anderson Ankenbrandt, it was a waitress at the cafe who made the final choice in favour of X.com. Despite the initial enthusiasm, however, the name X.com did not stick. In 2000 the company merged with its competitor Confinity, and in 2001 it was renamed PayPal.

In 2017 Musk bought the X.com domain from PayPal for an undisclosed sum, saying that it had great sentimental value for him. In 2023, after buying Twitter for 44 billion dollars, Musk merged his new social network with X Corp, a company registered in Nevada.

The 2023 Twitter rebrand was therefore not merely a change of logo, but part of Elon Musk's broader strategy of creating a universal app that brings different services together under one roof.

The new logo: a white letter «X»

Instead of the bird everyone knew, Twitter's new symbol became a white letter «X» on a black background. This minimalist, contemporary design sparked a great deal of discussion among the network's users. Some welcomed the change, calling it a fresh and bold move, while others were unhappy, arguing that the new logo lacks personality and recognisability.

Musk described the new logo as «Futuristic Art Deco» and even published a video presenting the new design. Typing X.com into the address bar redirects automatically to Twitter, although Twitter.com still leads to the same page.

The reasons why Elon Musk decided to change the logo are varied. In one of his tweets Musk said that the «X» design serves to «embody the imperfections in us all that make us unique». In another tweet he pointed to his personal attachment to the letter.

The impact of the rebrand on Twitter

The impact of the 2023 Twitter rebrand proved significant and prompted a great deal of debate. The move from the familiar bird logo to the letter «X» was received ambiguously, and it had a number of consequences.

First, it is worth noting that the rebrand cost the company a substantial part of its brand recognition. Twitter was widely known around the world, and its assets and name were easily recognisable. That is an achievement companies spend years and enormous sums of money on. According to experts, however, the rebrand destroyed roughly 4 billion dollars of brand value that had previously been tied to Twitter's recognisability.

The second important consequence of the rebrand is a shift in how the brand is perceived. Even though the name and the logo changed, the associations linked to the platform stayed the same. Users still perceive Twitter as Twitter, despite its new name and logo. As a result, many users came to see the rebrand as merely superficial, leaving the essence of the product untouched.

The third consequence is the effect on traffic and revenue. After the rebrand, user traffic and advertising revenue both declined. That is certainly not a good sign for Twitter.

Finally, the rebrand prompted a great deal of speculation about Twitter's future. Many users are asking: «What should we expect from the «new» Twitter, and what changes will the rebrand bring in the long run?». This creates a degree of uncertainty and may affect users' trust in the platform.

The Twitter rebrand is a vivid example of how changes to a brand can cause a wide resonance and affect user activity. It also underlines how important careful planning and analysis are before major changes are made to a recognisable brand.

Changing the logo and the name led to a loss of brand recognition and a decline in user traffic and advertising revenue. Yet despite these challenges, Musk continues to insist on his strategy and sees in «X» more than just a new logo.

Author
/ Senior Copywriter
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