Fri, March 29

Daily User Growth Skyrockets After Elon Musk Acquires Twitter

Hundreds of Twitter Employees Quit Amid Musk’s New Work Culture Bitcoin News
  • Since Musk has been in charge, the number of daily users has increased by almost 20%.
  • The platform’s quick growth is a direct indication of his immediate influence.

In his short time as CEO, Elon Musk has already made an impact. In addition, a leading media outlet has recently reported that during Elon Musk’s first week as CEO of Twitter, user growth reached a record high.

As Elon Musk, co-founder of Tesla has acquired control of Twitter, one of the world’s most popular social media networks, this is a story that has dominated the news. It would seem that his impact is still on the plus side, despite the fact that he has been responsible for large layoffs, resignations, and the Twitter Blue fiasco.

Elon Musk Effect

Since Elon Musk took control of the company, it has been reported that Twitter’s daily user growth has skyrocketed. This is in spite of the fact that the purchase itself, as well as his first few days in office, were shrouded in turmoil.

Since Musk has been in charge, the number of daily users has increased by almost 20%, according to the official report. In addition, reports support the claim that “Twitter’s largest market, the US, is growing even more quickly.”

According to sources, this data was discussed with advertisers. With Musk at the helm, the platform’s quick expansion is a direct indication of his immediate influence.

The billionaire’s attempt to take control of the platform has been the source of much turmoil, which is why this announcement is so timely. As a result of his widespread layoffs, a lawsuit has been filed, and reports indicate that advertisers are withdrawing support for the social networking platform. The fact that users still exist is, on the other hand, a glimmer of hope for the debate.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.