In a recent interview, X’s CEO, Linda Yaccarino, shared that the platform, previously known as Twitter, has lost a lot of daily users since Elon Musk became the boss. This is a big deal in the world of social media.
Linda Yaccarino said that X has gone from having 254.5 million people using it every day to only 225 million since Musk took charge. That’s a drop of about 11.6 percent, which means fewer people are using X these days.
She also pointed out that when compared to last year, there’s been a drop of around 3.7 percent, which equals nearly 15 million users saying goodbye to X. This shows that X is having some trouble keeping its users interested under Musk’s leadership.
But it’s not all bad news. Yaccarino mentioned that 90 percent of the top 100 advertisers are back on X, which means companies still like to advertise there even though fewer people are using it.
Linda Yaccarino has only been the CEO of X for a short time, so these numbers might change as she and her team work to make X better.
This drop in daily users comes after Elon Musk’s tweets last year, where he said Twitter had 254.5 million daily users just before he took over. Later, X said it was actually 245 million. Now, Yaccarino says it’s down to 225 million.
X does have 550 million people using it every month, but we’re not sure if that number has gone up or down since Musk became the boss.
X is trying to make money by 2024, so losing daily users is a big challenge. They’ll need to come up with new ideas to get more people to use X and keep it going in the fast-changing world of the internet.
This shows that the tech world is always changing, and even big names like Elon Musk can’t predict exactly what will happen when they take charge of a major platform like X.