I figured Twitter would die about last April, after firing/throwing away/laying off so much staff. I'm as much in the dark as you are.

I did return to Twitter this last fall, so as to be able to look at Tweets that The Grugq has in his daily newsletter, after about a years' absence. I found the amount of advertising, scammy advertising, literal boner juice ads, overwhelming. Despite his ranting and raving, Elon hasn't solved the bot problem, it appears there's more bots than ever.

I think that right now Twitter exists to squeeze the last little bit of value from advertisers.