Re:X Chief Says She Is Leaving the Social Media Platform
by amrocha on Wednesday July 09, 2025 @12:59PM
(#44512346)
Revenue and monthly active users are still lower than in 2022, and decreasing. And thats based on estimates, because twitter doesn’t report those numbers.
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Re:X Chief Says She Is Leaving the Social Media Platform
by mrweasel on Wednesday July 09, 2025 @01:31PM
(#44512742)
Revenue 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.
Re:X Chief Says She Is Leaving the Social Media Platform
by sjsdaiuasgdia on Wednesday July 09, 2025 @01:56PM
(#44513004)
> for a company that has never been close to covering the cost of building it
Twitter was profitable in 2018 and 2019
Re:X Chief Says She Is Leaving the Social Media Platform
by mrweasel on Wednesday July 09, 2025 @02:11PM
(#44513161)
I 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.
Re:X Chief Says She Is Leaving the Social Media Platform
by basisword on Wednesday July 09, 2025 @01:35PM
(#44512779)
Having 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.