Elon Musk’s X platform hits milestone

Alex Omenye
Alex Omenye
Elon Musk

Elon Musk announced on Friday that the number of monthly users of social media site X, formerly known as Twitter, had achieved a “new high” and published a graph displaying the most recent figure of over 540 million.

Musk made the user statistics post on X as the firm underwent organisational changes and sought to increase advertising revenue, which had decreased in the previous month.

It is also the most recent in a string of statements made by X executives asserting significant usage after Meta Platforms introduced Threads, a platform that directly competes with X, on July 5.

In May 2022, Twitter had 229 million active monthly users, according to a statement made prior to Musk’s acquisition of the company in October.

According to a post by Musk from November, X has 259.4 million daily active users.

Since taking control, Musk has made a number of quick organisational and product adjustments.

X launched the verified blue tick as a premium service and has begun paying a portion of ad revenue to a select group of platform content creators.

Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *