Comment by ibero
3 days ago
counter point: x active usage is down. the “ragey mob” were engaged users who have since left, along with the user growth and MAU.
3 days ago
counter point: x active usage is down. the “ragey mob” were engaged users who have since left, along with the user growth and MAU.
Depending on the metric (e.g. MAU, DAU, web impressions etc) X is generally down about 3-20% since Elon's takeover. Seems fair to say X is a 'break even' investment at best.
It will be extremely interesting to re-visit this thread in 10 years. X is currently a gateway for promoting Grok (with 11-figure DAU potential), and X is acquiring financial licences in US states, with a view to becoming an 'everything app' (something which the East seems to have - in the forms of wechat, Grab - but the West weirdly doesn't). If X can be the West's first 'everything app'.. trillion+ dollar valuation isn't out of the question.
How exciting…