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I think it’s hard to conclude that the people weren’t needed given how spectacularly it tanked.
by moomin 1y ago
I think it’s hard to conclude that the people weren’t needed given how spectacularly it tanked.
- mrweasel 1y agoHas it tanked? X is still running, it still has millions of users.
- reverendsteveii 1y agoit's worth less than half of what he paid for it, lost 30 million users and went from being the default microblog to facing real competition in daily active users from ~~bluesky~~threads (https://techcrunch.com/2025/07/07/threads-is-nearing-xs-daily-app-users-new-data-shows/ https://techcrunch.com/2025/07/07/threads-is-nearing-xs-dail...). Building what X is today from nothing would be an incredible accomplishment but building what X is today out of what Twitter was in 2022 is still a pretty miserable failure. Not to mention that now Grok is just openly white supremacist, calling itself MechaHitler and is flat out accusing Jewish people of wanting to kill white babies (https://www.nbcnews.com/tech/internet/elon-musk-grok-antisemitic-posts-x-rcna217634 https://www.nbcnews.com/tech/internet/elon-musk-grok-antisem...)
- bpodgursky 1y agohttps://bsky.jazco.dev/stats https://bsky.jazco.dev/stats You can judge for yourself whether bluesky is a competitive threat.
- mh- 1y agoThat link errors ("Failed to fetch" banner on the page) for me. Perhaps hugged to death, but I would be interested in the DAUs/MAUs if they're available.
- reverendsteveii 1y agohttps://techcrunch.com/2025/07/07/threads-is-nearing-xs-daily-app-users-new-data-shows/ https://techcrunch.com/2025/07/07/threads-is-nearing-xs-dail... I misremembered an article from yesterday. It's threads that's catching up w twitter.
- SV_BubbleTime 1y agoIt goes up and down. The stats site, not BlueSky, that seems to only go down.
- apwell23 1y agobut thats due to musk poising the platform not due to cutting people.
- mrweasel 1y ago> it's worth less than half of what he paid for it But it was always worth less that half of the purchase price. The Twitter board completely ripped of Musk. Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users.
- mvdtnz 1y agoThey ripped him off? He made an unsolicited offer, signed, sealed and delivered.
- reverendsteveii 1y agoWhen you're used to having an entire team of people to act as a buffer between your impulses and their easily predictable consequences following through on your commitments and getting exactly what you asked for feels unfair.
- miltonlost 1y agoThe Twitter board ripped him off? When he was the one who brought in the initial offer? He tried to back out of the deal once people told him how foolish he is.
- joering2 1y ago> Remember that he tried to back out of the deal, arguing that he had been lied to in regards to the number of bots and actual users. True but since he never provided any hard numbers, especially after totally owning the thing, makes this point moot.
- moomin 1y agoThis argument has been made, at length, in court. It was found wanting.
- AtlanticThird 1y agoGood thing 35% of the country still trusts the courts https://apnews.com/article/donald-trump-joe-biden-courts-americans-trust-1d4d2e22e9699cc09b29ec6ac8f374e7 https://apnews.com/article/donald-trump-joe-biden-courts-ame...
- amrocha 1y agoRevenue and monthly active users are still lower than in 2022, and decreasing. And thats based on estimates, because twitter doesn’t report those numbers.
- deleted 1y ago[deleted]
- mrweasel 1y agoRevenue is meaningless for a company that has never been close to covering the cost of building it. Monthly active users, fair, but it also depends on the type of users that remain. My take still is that the users X cares about are politicians, journalists and the general elite. They are still on X. It doesn't matter that some random tech worker switched to Bluesky or Mastodon, those were never profitable anyway, complained a lot and used third party apps.
- basisword 1y agoHaving those users doesn't matter if the people they are trying to communicate with leave - as eventually they will too. Every single person I know who used Twitter (which was already the least popular of the main social networks in my region) has deleted their account. Politicians and journalists shouting into a void isn't sustainable.
- sjsdaiuasgdia 1y ago> for a company that has never been close to covering the cost of building it Twitter was profitable in 2018 and 2019
- mrweasel 1y agoI was going to argue that they lost most of the 2019 profit in 2020, but you are technically correct (the best kind). Twitter probably made around $1.5B in profit ever, maybe a little more. That actually should just about cover the cost of building the company. I was wrong.
- jcranmer 1y agoThe people I've seen who have talked about their engagement numbers--as measured by something like "how many visitors do we get to a story based on a Bluesky/Facebook/ex-Twitter/etc. link", so independent of the social media's self-reported metrics--have all reported that Twitter is generally among the poorest-performing social media sites. Especially if you're looking at it from a perspective of "how much engagement do we get on social media [likes, quotes, replies, etc.] per conversion to visiting the site," where it strongly looks like Twitter is massively inflating its reported engagement. I don't know how true that was of Twitter pre-Musk takeover, especially as many of the most direct comparisons didn't exist back then, so I can't say if Musk's takeover specifically made it less effective or not.
- pjc50 1y agoTwitter explicitly down ranks off-site links to prevent this kind of "conversion".
- Lu2025 1y agoAt least it allows links; Instagram doesn't without paying.
- SV_BubbleTime 1y ago> The people I've seen who have talked about their engagement numbers Now do bluesky. X is doing fine. Turns out network effects are real.
- tristan957 1y agoI've seen people report they get better engagement on Mastodon and Blue Sky than they ever did with Twitter, based on percentages.
- SV_BubbleTime 1y agoAnd I’ve seen people report the complete opposite. Both can be true. The reality is BlueSky pushed echo chambering even harder than X and it’s a dying platform - maybe those two things are unrelated but not for me they aren’t. Unless some miracle happens to reverse its trend, BlueSky already had its shot.
- SchemaLoad 1y agoThe site is incredibly broken. It returns API errors randomly and shows profile tweets out of order. It's on Pintrest levels of broken.
- ChocolateGod 1y agoI believe showing tweets out of order on profiles is a feature to show the most engaging content to unlogged in users. It's annoying as hell
- n4r9 1y agoDoes anyone outside X actually know the current monthly active users and revenue figures? They stopped releasing them publicly when Musk took over. It's all guesswork at this point as far as I can tell.