Elon Musk pronounces ‘X’ month-to-month customers hit report excessive of 540 million
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 put up on X concerning the person figures comes as the corporate goes by organizational modifications and faces competitors from the newly launched Threads app, owned and operated by Meta Platforms.
Twitter had 229 million month-to-month energetic customers in May 2022, in keeping with an announcement made earlier than the buyout.
Under Musk, X has gone by a collection of product modifications and employees cuts as the corporate tries to spice up income.
X’s money stream stays unfavorable due to a virtually 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 stream constructive by June.
Source web site: www.hindustantimes.com
