Technology

Twitter may exceed 1 bn users in 12-18 months: Musk

Earlier this month, Twitter had told advertisers that its daily user growth has hit an "all-time high" after Musk's takeover even as several advertisers left the platform amid internal chaos.

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San Francisco: Twitter boss Elon Musk has said that the microblogging platform may exceed one billion monthly users in the next 12 to 18 months.

“I think I see a path to Twitter exceeding a billion monthly users in 12 to 18 months,” Musk tweeted.

Earlier this month, Twitter had told advertisers that its daily user growth has hit an “all-time high” after Musk’s takeover even as several advertisers left the platform amid internal chaos.

According to a company document obtained by ‘The Verge’, Twitter’s monetisable daily user (mDAU) growth has accelerated to more than 20 per cent after Musk’s takeover.

As per the report, Twitter has added more than 15 million mDAUs, “crossing the quarter billion mark”.

Twitter last reported 237.8 million mDAUs and a 16.6 per cent annual growth for its second quarter.

Meanwhile, American author Stephen King has mocked Twitter CEO Musk by calling him “a terrible fit for Twitter”.

“I think Elon Musk is a visionary. Almost singlehandedly, he’s changed the way Americans think about automobiles. I have a Tesla and love it. That said, he’s been a terrible fit for Twitter. He appears to be making it up as he goes along,” King tweeted.

Musk replied to King’s tweet by saying, “Suggestions are welcome Mr. (crown emoji).”

He followed this up with a tweet that read, “Stephen King is one of most creative people on Earth. While I may not agree with everything he says, I do actually want to hear it.”

This post was last modified on November 28, 2022 10:28 am

Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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