Elon Musk mentioned on Friday month-to-month customers of social media platform X, previously often known as Twitter, reached a “new high” and shared a graph that confirmed the newest depend as over 540 million.
Musk’s submit on X in regards to the person figures comes as the corporate goes by way of organizational adjustments and faces competitors from the newly launched Threads app, owned and operated by Meta Platforms.
Twitter had 229 million month-to-month lively customers in May 2022, in line with a press release made earlier than the buyout.
Under Musk, X has gone by way of a collection of product adjustments and employees cuts as the corporate tries to spice up income.
X’s money move stays adverse due to an almost 50% drop in promoting income and a heavy debt load, Musk mentioned earlier this month, falling in need of his expectation in March that the social media platform may attain money move optimistic by June.
Source web site: www.hindustantimes.com
