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According to the most recent available numbers, which we’ll get to in a bit, Musk and his co-investors have lost more than $25 billion on their Twitter takeover. That’s right. More than ...
This list contains the top 50 accounts with the most followers on the social media platform X, formerly and commonly known as Twitter. Notable figures such as Elon Musk, Barack Obama, Cristiano Ronaldo, Justin Bieber, Rihanna, Katy Perry, and Narendra Modi, are at the top of the list, each with over 100 million followers. As of November 2024 ...
According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion Shawn Tully September 6, 2023 at 4:44 PM
The financial woes for Twitter appear to be continuing as owner Elon Musk announced the platform is experiencing a nearly 50 percent drop in advertising revenue as it struggles with heavy debt load.
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
On July 15, 2020, between 20:00 and 22:00 UTC, 130 high-profile Twitter accounts were reportedly compromised by outside parties to promote a bitcoin scam. [1] [2] Twitter and other media sources confirmed that the perpetrators had gained access to Twitter's administrative tools so that they could alter the accounts themselves and post the tweets directly.
After drastic cost-cutting measures and various efforts to monetize the platform, Twitter is still in the red. On July 15, Elon Musk tweeted, "We’re still negative cash flow, due to ~50% drop in ...
Fans can react to this by liking or responding to the tweet, and that will subsequently lead to more interaction between the artist and their followers. Twitter has a live-streaming feature that allow direct and real-time interactions. [9] Twitter allows musicians to promote other fellow artists.