Since Musk's takeover, X has lost millions of daily active users.
By now, you may have heard about Elon Musk's handpicked CEO for X, Linda Yaccarino, and her disastrous interview with CNBC's Julia Boorstin at Vox Media's Code 2023 event. However, somewhat overlooked amid some of the more viral moments of the discussion, Yaccarino dropped some previously unknown stats that don't exactly paint such a rosy picture for the company:
X, the platform formerly known as Twitter, is losing daily active users under the leadership of Elon Musk.
Speaking at Vox Media's Code 2023 tech conference earlier this week, X CEO Linda Yaccarino shared that the company currently has 225 million daily active users – a decline in tens of millions or 11.6 percent of users from just before Musk acquired the company.
According to a series of tweets that Musk himself posted in November of last year, Twitter had 254.5 million daily active users the week before his takeover in late November of last year.
Following the conference, X revised its daily active user count to 245 million daily active users, according to The Information. Before specifically saying X had 225 million active users, Yaccarinno previously cited "200 to 250 million" daily active users earlier in the interview.
However, even X's revised number of 245 million daily active users would still see X lose millions or around 3.7 percent of daily active users from before Musk's acquisition.
In fact, daily active users are even down from the numbers that Musk shared last year when he was in charge. According to the aforementioned Musk tweet, Twitter had 259.4 million daily active users in mid-November 2022. Compared to the daily active users Twitter was pulling late last year under Musk's leadership, X has shed nearly 15 million users – a drop of roughly 5.6 percent.
Twitter first started sharing this metric, which the company refers to as monetizable daily active users or mDAU, years before Musk even planned to buy the company. The reason? Twitter's daily active user numbers were reliably more favorable for the company than its other metrics when it shared its quarterly reports for investors and shareholders.
When Yaccarino was first asked about user metrics during the interview, she seemingly wanted to move away from that particular conversation, saying that X had between 200 and 250 daily active users. She then moved the discussion to the platform's Communities feature, the company's answer to Facebook Groups, saying X had 50,000 communities and that engagement numbers and time spent in those communities were up since June.
Along with the daily active user metrics, Yaccarino also shared that X now has a record 550 million monthly active users. This would be up from the 541 million "monthly users" metric that Musk shared in a post in July.
It's unclear, however, just how much of the monthly active user growth has happened under Musk when compared to how the company was doing prior to his takeover. That's because in 2019, Twitter stopped reporting this number in favor of the daily active user metric. The company entered that year with 321 million monthly active users, the last publicly reported monthly active user metric directly from Twitter.
It should be noted that Musk has shifted away from both the daily and monthly active user numbers in favor of "unregretted user minutes," a metric seemingly made-up by Musk.
It’s honestly fucking hilarious how hard Musk has Trumped this company.
People are still going to call it twitter and tweeting because it’s usable in a sentence. Calling it “x” is a thoroughbred-mouthbreather move. For example:
“Twitter tweeted an announcement that it would add disclaimers to tweets with misleading and false information regarding voter fraud”
“X x’d an announcement that it would add disclaimers to x’s that american elections are rigged and Trump and Musk are totally not the swamp they complain about”
“Blaze your glory!”
At a certain point it’s not trolling, you’re just being a retard.
What I find most interesting, though, is that there were only 250 Million daily active users in the first place. Musk paid like 176 bucks per user. There's no way he could've milked that much revenue out of the users in any reasonable time frame.
Sure, there's weekly and monthly active users, but how many ads can you possibly show someone who spends 5 minutes per week on formerly-known-as-Twitter?
That's very disappointing. So at least 90% of people are still on there, if not 95% or even 98% still there. That's barely more than a rounding error. Fuck, that is disappointing.
For those unfamiliar with website/app analytics: a hugely successful, modern advanced analytics campaign (say AI or Machine Learning based) might move the needle on a a key KPI for a huge business like Twitter to the tune of say 3%-5%.
Over 11% would be huge numbers for a highly advanced, highly focused team to achieve in terms of measurable impact on a higher platform like that.
This moral imperative humping dolt achieved that number in negative effects to his company without even trying.
I wouldn't be surprised if she'd just pulled that 225M out of her ass to not look completely clueless, as it's right in the middle of the ballpark 200-250M she mumbled about earlier.
I don't believe any thing any of these people say ever. I believe twitter was deeply unprofitable before Musk and is just going to follow the path of any business that has no future. Online ads are not worth what they say they are, never have been, never will be, it is all smoke and mirrors.
I never used Twitter actively but used it for announcements and live events happening. Now when I go to a page for updates it shows me (maybe?) the most active tweets from the past. For example, I'll check the MLS page for game delays, the MLS page will have the post of a delay on their site, but if I go to the MLS Twitter it just shows posts from years ago about some goal that is so irrelevant for what I am looking for. I could list many other examples of how useless it has become...
I don't trust the numbers anyway. And although Musk pretended to be angry about bots inflating the user stats to try to get out of buying the company after the gag got real, he hasn't exactly discouraged bots from inflating the numbers now.
I jumped over to Mastodon back in November, dual wielded for a couple of months until Tweetbot got shut down, then went 100% Mastodon. But every now and then I'll log back in to Twitter and lurk to see what my old follows are up to.
And it's kinda sad, seeing them mostly just dunking on Musk and his 'policies', rather than just fucking it off altogether. Back in February I was missing following the people I'd been interacting with for over ten years, but now I don't think I'd follow some of them even if they came over.
Haven't logged in for a few weeks now. I don't really see the point any more.
There was no catalyst specifically but I deleted my shortcuts and uninstalled the app a couple of weeks ago because there just isn't anything for me on Twitter, X or whatever. Have not gone back since.
Twitter has had nothing but rage bait and engagement bots for a while now and the tweets are so obviously fake that even the general public is slowly starting to catch on. It's such a cesspool that you would be hard-pressed to find anything remotely entertaining or informative. Instead you will just leave the site with a feeling of disgust and frustration.