Summary

Elon Musk’s X (formerly Twitter) is experiencing a sharp decline in users and value.

Post-election backlash, misinformation, and toxic content have accelerated user departures, with alternatives like Bluesky gaining traction.

While X saw a temporary spike in traffic on election day, its U.S. daily active users fell 8.4% in October.

Analysts project X will lose 7 million monthly users in the U.S. by 2025. Additionally, X’s brand value has plummeted from $5.7 billion to $673 million since Musk’s 2022 takeover, with revenue dropping 40% year-over-year.

  • foggy@lemmy.world
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    4 months ago

    X is worse than truth social.

    If you’re still on it, I judge you for that. No matter your reason.

    • Ragdoll X@lemmy.world
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      4 months ago

      Eh, I’ll continue enjoying my yiff there. Once most of the artists & content creators I follow move to Bluesky I probably won’t have any reason to stick to Twitter though.

      • WeUnite@lemm.ee
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        4 months ago

        You can play an active role in helping your favorite creators move to Bluesky. Leave a comment on their posts and send DMs urging them to stop using Twitter. Urge other people to do likewise.

  • Drunemeton@lemmy.world
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    4 months ago

    I’m quite enjoying the “Early Twitter” vibe on Bluesky these days! Lots of engagement and actual conversations with strangers.

    Plus their Nuclear Block option is fantastic for keeping your experience free from toxic people and organizations.

    • WeUnite@lemm.ee
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      4 months ago

      Let’s work together and make it happen for real. I’ve worked on some ideas on what we can do to stop Musk’s radical agenda: https://lemm.ee/post/49991492

      Basically get people off of Twitter to cut off the propaganda machine and then boycott his products, get advertisers to stop advertising on Twitter and encourage the workers in his companies to strike/quit.

      • itsAsin@lemmy.world
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        4 months ago

        i honestly think we won’t have to try. the musk bubble will pop someday. when it does, it’ll deflate rather quickly.

  • Flying Squid@lemmy.world
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    4 months ago

    My absolute loathing of Elmo as parent of a former toddler has been mitigated since I’ve discovered the appropriateness of this gif.

    Edit: I guess my ambivalence about Twitter failing has angered some Twitter users. To whom I say, “see the above gif.”