Yep. Although I don’t understand why anyone thought that would amount to anything WRT Twitter itself. I honestly laughed when I read this take a few weeks back:
https://twitter.com/davetroy/status/1586166535592509440
An open protocol isn’t going to help Twitter’s debt load, indeed giving up platform control will very very much do the opposite. Musk knows this. And anyways, there are no engineers left to massively redesign their platform to become less profitable.