a month after its completion, Elon Musk says that the number of new user registrations is at an “all-time high”. Billionaire Saturday Night slideshow detailing the current state of Twitter and For Him. According to one infographic shared by Musk, as of November 16, Twitter had added more than 2 million new users daily over the past seven days. He added that the number of daily subscriptions increased by 66% compared to the same seven-day period in 2021.
Musk said user active minutes were also at an all-time high, with the average Twitter user base standing at almost 8 billion daily active minutes in the last seven days to November 15, up 30% from the same period. year. He also used the timeline to state that hate speech has decreased in recent times.
Even if the data shared by Musk is accurate, its meaning remains open. For example, the hate speech graph provides an incomplete picture of the situation at best. First, note that the fine print indicates that the data only covers English-language tweets. Secondly, Twitter recently stopped implementing its hate behavior policy as it applies to the targeted harassment of transgender people.
Equally important is the data that Musk chose not to share. As of yet, there is no chart that gives an idea of Twitter’s finances. Musk recently told his employees that the company is losing so much money that bankruptcy is “out of the question.” He notes that Twitter has lost 50 of its top 100 advertisers since Musk took over the platform.
Early Sunday morning, Musk sees “a path to get Twitter to surpass 1 billion monthly users in 12 to 18 months.” To achieve this goal, Twitter will need to significantly increase the number of subscribers. Assuming the company continues to add 2 million users a week, that’s just 104 million new users by the end of the year. As of 2022, Twitter has about 450 million monthly active users.
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