Twitter's rebrand is a step closer to Elon Musk's super-app vision – but losing the iconic bird logo is a risky move, Wedbush analyst Dan Ives says

• Elon Musk's rebranding of Twitter is a step toward his super-app vision, Wedbush analyst Dan Ives said. 
• But booting the iconic blue bird emoji as part of Twitter's transformation is a risky move, he said. 
• Twitter's new "X" logo pays homage to Musk's hopes to turn Twitter into an "everything app." 

Elon Musk's rebranding of Twitter to X is a step toward creating a super-app he's dreamt of – but ditching the iconic blue bird emoji could prove a risky move for the company, according to Wedbush analyst Dan Ives.