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Twitter (X) Net Worth 2024, Owner, Profile and more.



Twitter Net Worth

Twitter net worth 2024 is $19B

Musk purchased the majority of Twitter(x) in October 2022 in a deal valued at $44 billion

Musk paid $54.20 a share to take the company private in 2022.

Jack Dorsey is the Co-founder and Former CEO of X

X Net Worth 2024

Type of businessPublic
Type of siteNews, social networking service
Available inMultilingual
Traded asNYSE: TWTRS&P 500 Component
FoundedMarch 21, 2006; 15 years ago
HeadquartersSan Francisco, California, U.S.
Area servedWorldwide
Founder(s)Jack Dorsey, Noah Glass, Biz Stone, Evan Williams
Key peopleBret Taylor (Chair)Parag Agrawal (CEO) Ned Segal (CFO)

Twitter Net Worth and Profile

Twitter net worth 2024 is estimated at $19 billion. Twitter divides its revenue into two categories: the sale of advertising services, which constitutes the vast majority of the company’s revenue, as well as data licensing and other services.

Read Meta net worth

Twitter is an American microblogging and social networking service on which users post and interact with messages known as “tweets”. Registered users can post, like, and retweet tweets, but unregistered users can only read those that are publicly available.

Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and launched in July of that year. By 2012, more than 100 million users posted 340 million tweets a day, and the service handled an average of 1.6 billion search queries per day.

 In 2013, it was one of the ten most-visited websites and has been described as “the SMS of the Internet”. By Q1 2019, Twitter had more than 330 million monthly active users.

Twitter currently boasts 528.3 million monetizable monthly active users in 2023

User Monetization

In February 2021, Twitter began testing different methods of monetizing users. This is in response to social platforms like Instagram, TikTok, Medium, Facebook, and Clubhouse increasingly focusing on monetizing platform creators.

In June 2021, the company opened applications for its premium subscription options called Super Follows. This lets eligible accounts charge $2.99, $4.99 or $9.99 per month to subscribe to the account. The launch only generated about $6,000 in its first two weeks.

On August 27, 2021, Twitter rolled out Ticketed Spaces, which let Twitter Spaces hosts charge between $1 and $999 for access to their rooms

Twitter now offers several options for creators to generate income from their tweets and Twitter activity.

Subscriptions allows Twitter users to offer content specifically to paying subscribers.

In early February, Twitter’s CEO announced that Twitter will share ad revenue for ads that appear in a creator’s reply thread.

Influencer marketing platforms, like IZEA and Upfluence, help connect brands with social media influencers who can help them reach their brands through sponsored messaging.

Who owns Twitter now?

On October 27, 2022, business magnate Elon Musk acquired Twitter, Inc. for US$44 billion, gaining control of the platform.

Who is new CEO of Twitter?

Linda Yaccarino is the current ceo of Twitter(X). She was appointed by Elon Musk In June 2023.

In December, 2021 Jack Dorsey stepped down as CEO and Parag Agrawal, 37, was named Twitter’s new leader. Parag was fired after Elon Musk took over Twitter in October, 2022

Who is the most followed person on Twitter?

1Steady@BarackObamaBarack Obama13044th U.S. president USA
2Steady@justinbieberJustin Bieber114Musician CAN
3Steady@katyperryKaty Perry108Musician USA
4Steady@rihannaRihanna103Musician and businesswoman BAR
5Steady@CristianoCristiano Ronaldo95Footballer POR
6Steady@taylorswift13Taylor Swift89Musician USA
7Steady@ArianaGrandeAriana Grande85Musician and actress USA
9Steady@TheEllenShowEllen DeGeneres77Comedian and television hostess USA
10Steady@YouTubeYouTube73Online video platform USA

Source: Glusea