[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]Elon Musk said 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 organizational changes and sought to increase advertising income, which had decreased in the previous month.
𝕏 monthly users reach new high in 2023 pic.twitter.com/trqLGBEvvA
— Elon Musk (@elonmusk) July 28, 2023
It is also the most recent in a string of statements made by X executives asserting significant use after Meta Platforms introduced Threads, a platform that directly competes with X, on July 5.
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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 tweet by Musk from November, X has 259.4 million daily active users.
Since taking control, Musk has made a number of quick organizational and product adjustments. The business launched the verified blue tick as a premium service and has begun paying a portion of ad revenue to a limited group of platform content producers.
Linda Yaccarino, a former head of NBCUniversal’s advertising, was appointed by Musk as CEO of X in May.
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