BusinessNov 1, 2023
The Numbers Behind X’s Shrinking Valuation
What we’re showing
This chart shows the year-over-year change in traffic at X (formerly Twitter) across various markets and platforms.
Context
- On Oct. 30, Fortune reported that X was offering employees an equity compensation plan for restricted shares at $45 each.
- This would mean the company is valued at $19 billion, down 56% from the $44 billion Musk acquired it for.
Dataset
Metric | % Change YoY |
---|---|
Global web traffic | -14 |
US web traffic | -19 |
Germany web traffic | -18 |
France web traffic | -13 |
UK web traffic | -12 |
Global web traffic to ads.twitter.com | -17 |
Global mobile traffic | -18 |
Traffic to Elon Musk's profile and posts | 96 |
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