Elon Musk has foretold that Twitter will have more than a billion users a month by 2024. He says that this will be the result of his new policies.
In a Saturday tweet, he tweeted, “Twitter company talk” comprising features he plans to include in “Twitter 2.0” – a term he’s using to refer to his vision of the social media app.
Responding to a user who quote-tweeted him saying “This what failure looks like to the left,” Musk said: “I think I see a path to Twitter exceeding a billion monthly users in 12 to 18 months.”
Twitter had 238 million users in the second quarter of this year, a spokesperson told Reuters last month.
Data collected by Global Wireless Solutions, a consulting firm, about Twitter usage based on the smartphone usage of 200,000 Americans states that the number of daily sessions on Twitter between October 28 to November 19 was 3% lower than the period between October 2 and October 27, the day Musk took over.
Another report showed that Twitter was losing its most active users, or “heavy tweeters.” This category makes up 10% of overall monthly users, but they accounted for 90% of all tweets and half of the company’s global revenue.
The document said a “heavy tweeter” logged in six to seven times a day and tweeted three to four times a week, Reuters reported.
Musk said in a tweet in April that some of the most-followed Twitter accounts, such as Barack Obama and Justin Bieber, rarely tweeted and “post very little content.”
Another source said that Twitter will now be recruiting again after massive layoffs.