X Faces Steep Decline in Users and Financial Valuation Since Musk Takeover

Sensor Tower data reveals a 23% drop in US daily app users, with Fidelity marking down the company's value by over 70%.

Twitter's daily app users in the US have dropped by 23% since Elon Musk's takeover, with a global decline of 15%.
Sensor Tower's data indicates a significant user departure compared to other social networks, with none experiencing declines close to X's.
Fidelity has marked down the value of X by 71.5% since November 2022, reflecting concerns over the company's financial health.
Elon Musk's changes, including a new subscription service and verification system, have been met with mixed reactions.
Despite claims of 250 million daily users by X, independent research suggests a continuous decline in both US and global user numbers.