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 business | Public |
|---|---|
| Type of site | News, social networking service |
| Available in | Multilingual |
| Traded as | NYSE: TWTRS&P 500 Component |
| Founded | March 21, 2006; 15 years ago |
| Headquarters | San Francisco, California, U.S. |
| Area served | Worldwide |
| Founder(s) | Jack Dorsey, Noah Glass, Biz Stone, Evan Williams |
| Key people | Bret Taylor (Chair)Parag Agrawal (CEO) Ned Segal (CFO) |
| Industry | Internet |
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?
| 1 |  | @BarackObama | Barack Obama | 130 | 44th U.S. president |  USA |
|---|---|---|---|---|---|---|
| 2 | | @justinbieber | Justin Bieber | 114 | Musician |  CAN |
| 3 | | @katyperry | Katy Perry | 108 | Musician | USA |
| 4 | | @rihanna | Rihanna | 103 | Musician and businesswoman |  BAR |
| 5 | | @Cristiano | Cristiano Ronaldo | 95 | Footballer |  POR |
| 6 | | @taylorswift13 | Taylor Swift | 89 | Musician | USA |
| 7 | | @ArianaGrande | Ariana Grande | 85 | Musician and actress | USA |
| 9 | | @TheEllenShow | Ellen DeGeneres | 77 | Comedian and television hostess | USA |
| 10 | | @YouTube | YouTube | 73 | Online video platform | USA |
Source: Glusea