Key Points
Linda Yaccarino, CEO of X (formerly Twitter), revealed in an interview at Code 2023 that the platform has lost 11.6 percent of its daily active users since Elon Musk's takeover, dropping from 254.5 million to 225 million users, reported NDTV..
X CEO shared during an interview at Code 2023 that the company noted a 3.7 percent drop compared to Musk's figures from the previous year, resulting in a loss of nearly 15 million users..
She further mentioned that X's goal is to achieve profitability by 2024 and highlighted that 90 percent of the top 100 advertisers have returned to the platform in the past 12 weeks..
In the previous year, Elon Musk shared a series of tweets indicating that Twitter had 254.5 million daily active users in the week preceding his takeover..
According to a Mashable report, Linda Yaccarino shared statistics indicating that X is witnessing a decline in daily active users, amounting to millions or approximately 3.7% since Elon Musk's acquisition..
