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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns
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Elon Musk indicates Twitter’s character limit is about to jump from 280 to 4,000

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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December 12, 2022, 11:04 AM ET
Twitter CEO Elon Musk
Elon Musk has indicated Twitter could be planning a huge increase in its character count. PETER PARKS—AFP/Getty Images
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Doom scrolling on Twitter could be about to take a lot longer.

Elon Musk, over the weekend, seemed to indicate that the social media company is preparing to increase its character limit from 280 characters to 4,000, an increase of 14 times the current maximum.

The potential change arose when a user asked Musk whether it was “true that Twitter is set to increase the characters from 280 to 4000.” Musk, succinctly, replied “Yes.”

Yes

— Elon Musk (@elonmusk) December 11, 2022

Of course, Musk doesn’t always mean what he says on Twitter. And even if he does, his plans on the site have been erratic so far and constantly subject to change.

Musk, however, has long indicated his desire to increase Twitter’s character count. In late November, he seemed to be leaning toward a 1,000-character count limit, telling a user who inquired about the change “it’s on the todo [sic] list.”

Part of the reason for that desire might be found in his own history. In April a judge ruled that one of Musk’s 2018 tweets about taking his company private was a lie. That blocked Musk’s effort to do away with an agreement with the SEC he agreed to in 2018 requiring him to get prior approval before tweeting about Tesla.

In an appeal of that ruling, he pointed to character limits as part of the issue, saying the judge “parsed the individual phrases of the various tweets and indicated certain other information should have accompanied the tweets, even though the short-form Twitter medium limits the number of characters per tweet.”

Part of Twitter’s appeal to many users has been its forced brevity. The company last increased its character count in 2017, going from 140 to 280.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today's executives. Subscribe here.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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