1. Elon Musk Becomes the First Person to Reach 200 Million Followers on X
Elon Musk has made history by becoming the first person to reach 200 million followers on X. This milestone places him at the top of the list, surpassing other notable figures like former US President Barack Obama and footballer Cristiano Ronaldo.
2. X Now Has Over 600 Million Monthly Active Users
The X platform has seen a significant increase in user engagement, with over 600 million monthly active users and around 300 million daily active users. This growth underscores the platform's popularity and Musk's efforts to make it an 'everything app'.
3. Misinformation on X: A Growing Concern
Elon Musk's ownership of X has raised concerns about misinformation. Almost a third of his posts last week were found to be false, misleading, or lacking vital context. This highlights the need for better moderation and fact-checking on the platform.
4. Top 5 Most Followed Accounts on X
The top 5 most followed accounts on X include Elon Musk, Barack Obama, Cristiano Ronaldo, Justin Bieber, and Rihanna. These accounts reflect the diverse range of users on the platform, from celebrities to public figures.
5. X's Ambition to Become an 'Everything App'
Elon Musk aims to transform X into an 'everything app' where users can post movies and TV shows, make digital payments, and engage in various other activities. This vision aligns with his goal of making X a central hub for global communication.
6. Fidelity Cuts Stake in X, Valuation Drops
Despite its growth, X's valuation has taken a hit. Global investment firm Fidelity cut its stake in X by 78.7%, valuing the platform at just $9.4 billionless than a quarter of its $44 billion purchase price. This development indicates ongoing financial challenges for the platform.
7. X's Global Reach and Impact
X has become a global phenomenon, with maximum traffic coming from all over the world. The platform's influence extends beyond social media, as it aims to shape digital communication and entertainment. Musk's vision for X is to make it a group chat for Earth, fostering global interaction and community.
