X / Twitter's user base has stopped growing under Elon Musk

Elon Musk’s X is stuck.X, formerly known as Twitter, has stagnated when it comes to user growth ever since Musk acquired the company. According to a new report from the Financial Times, X has around 251 global daily active users as of the second quarter of 2024.This represents just a 1.6 percent increase in users on X compared to the same period last year.The social media platform, then-known as Twitter, enjoyed double-digit growth, adding tens of millions of new users year-after-year before Musk took over the company in October 2022.In contrast, Musk’s X only added a little over four million users from from Q2 2023 to Q2 2024.Stalled growth at Musk’s X worse than it looksThe quarterly breakdown of X’s meager daily active user growth actually puts a positive spin on the platform’s realities, according to Mashable’s own previous reporting.X hasn’t openly shared its daily active user numbers since Musk took the company private. However, shortly after Musk acquired the company, then-Twitter’s new owner was quite open about the bump in X’s user base – seemingly buoyed by users signing up to see what he was going to do. Tweet may have been deleted In late November 2022, Musk shared a graph showing that then-Twitter added roughly five million daily active users in the month since he acquired the company. The weekly breakdown graph displayed that the social media platform had 254.5 million daily active users as of Oct. 23, the last full week of Twitter before Musk took over….X / Twitter's user base has stopped growing under Elon Musk