- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
Summary
Elon Musk’s X (formerly Twitter) is experiencing a sharp decline in users and value.
Post-election backlash, misinformation, and toxic content have accelerated user departures, with alternatives like Bluesky gaining traction.
While X saw a temporary spike in traffic on election day, its U.S. daily active users fell 8.4% in October.
Analysts project X will lose 7 million monthly users in the U.S. by 2025. Additionally, X’s brand value has plummeted from $5.7 billion to $673 million since Musk’s 2022 takeover, with revenue dropping 40% year-over-year.
I’m quite enjoying the “Early Twitter” vibe on Bluesky these days! Lots of engagement and actual conversations with strangers.
Plus their Nuclear Block option is fantastic for keeping your experience free from toxic people and organizations.
Same here, I really like BlueSky,
it feels to me like middle age twitter. like circa 2012-2018
Same here, I like BlueSky, I’ll try to use it more