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In September, global web traffic to twitter.com was down -14%, year-over-year. [1] In July, Mr Musk said ad revenues had dropped by 50%. [2] Situation today i
by threeseed 3y ago
In September, global web traffic to twitter.com was down -14%, year-over-year. [1]
In July, Mr Musk said ad revenues had dropped by 50%. [2]
Situation today is likely far worse. Also, Fidelity has rated the value of its investment in Twitter/X as -72%.
[1] https://au.pcmag.com/social-media/102174/twitter-traffic-on-downward-trend-since-elon-musks-takeover https://au.pcmag.com/social-media/102174/twitter-traffic-on-...
[2] https://www.afr.com/companies/media-and-marketing/elon-musk-s-x-in-political-advertising-push-to-offset-revenue-falls-20231220-p5esto https://www.afr.com/companies/media-and-marketing/elon-musk-...