You are currently viewing Following Elon Musk’s Acquisition, Twitter Boasts User Growth at “All-time Highs.”

Following Elon Musk’s Acquisition, Twitter Boasts User Growth at “All-time Highs.”

According to a core document obtained by The Verge, the number of daily active users on Twitter increased by 20% in the initial week of Elon Musk’s ownership. This statistic may alleviate worries about a mass exodus from the platform.

According to the final earnings report released before Musk took the business private, Twitter had 237.8 million monetizable daily active users at the end of the second quarter.

Daily active user growth reached “all-time highs.” According to The Verge, it crossed 250 million in the first week of Musk’s private ownership, which cites an internal document given to the sales team for discussions with advertisers who are hesitant to use the platform.

Although this is the case, Musk claimed on Sunday that user counts “have increased significantly around the world since the deal was announced.”

And these are still very early days,” tweeted Musk. Twitter will be essential as it emerges as the truth’s purportedly most trustworthy source.