50,000 generations of e.coli and they are still e.coli. That tells me something.
Well, speciation tends to happen much faster when a population is exposed to a variety of environments or stress conditions. Like when an ancestral ape population could live in woodland or savannah, and the two different environments led to one species becoming two (proto-chimps and proto-humans, respectively).
The bacteria in the experiment are all living under the same conditions that they were in the beginning, they are just in forced isolation from each other. They have adapted slightly, but my guess is, because the conditions are well suited to their growth, the populations are changing rather slowly, because the average cell is well suited to the enviroment. Most mutations that arise are either harmful, or not beneficial enough that they spread widely through the population. Very rarely, some mutation that is
really beneficial comes along, and that does spread quickly and become the new norm (like the citrate transport mutation). Due to the rarity of this, the bacteria stay very similar to the founding population.
Now, if they were to radically change some conditions, like make the environment hotter and more acidic or something, only a small part of the population would survive (those that aren't average are the ones that survive), and that population would be much more different from the original after 50,000 generations than the ones they have now, because a whole host of adaptations would be needed for the bacteria to be well suited to growing in the new conditions (not just survive, but survive well).
Anyways, 50,000 generations isn't that many in evolutionary terms. Many animals can breed when they are 1-2 years old, so 50,000 generations is only 50,000 to 100,000 years.... life has had billions of years to evolve.