- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
Summary
Elon Musk’s X (formerly Twitter) is experiencing a sharp decline in users and value.
Post-election backlash, misinformation, and toxic content have accelerated user departures, with alternatives like Bluesky gaining traction.
While X saw a temporary spike in traffic on election day, its U.S. daily active users fell 8.4% in October.
Analysts project X will lose 7 million monthly users in the U.S. by 2025. Additionally, X’s brand value has plummeted from $5.7 billion to $673 million since Musk’s 2022 takeover, with revenue dropping 40% year-over-year.
Because it’s still his propaganda and spy machine. He serves you the content he wants you to see and he collects your data. He wants to influence other elections, his thirst for power and wealth is unlimited.