Bluesky is the new Twitter, or X, or Twix, as some call it. After the US election, the micro-blogging social media app gained 1.25 million new members, setting the user base at 14.7 million.
Bluesky was founded 5 years ago by Twitter co-founder Jack Dorsey. Dorsey sold Twitter to Elon Musk in 2022 for US$44 billion. X, the rebrand of Twitter, is infamous for enabling and encouraging “free speech” that, in actuality, is hate speech.
The app has also lost many previous capabilities that users enjoyed while adding fees to once-free features.
Around 115,000 US-based web visitors deactivated X after the US election — the biggest single-day decline under Musk.
In only one year, Musk lost $24B on Twitter/X. Since the time of purchase, Twitter’s value dropped 79% and is now worth $9.4B.
Despite the decline in value, the app is still immensely popular with approximately 611 million active monthly users on X. The New York Times reports that Bluesky offers a fresh and welcoming space for those with different political views than Musk.
In addition, Meta’s version of Twitter, Threads, now had 275 million monthly active users.
For more on this story click here.
Click here for more stories like this.
