Elon Musk reports an increase in Twitter usage by 20%

Elon Musk, the billionaire owner of Twitter Inc., said that usage on the social media platform is “at an all-time high,” without providing evidence or explaining how he defines usage.

In another tweet, he added, “I just hope the servers don’t melt!”

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Earlier, the Verge reported that Twitter’s daily user growth reached “all-time highs” during Musk’s first week of owning the company, citing a company document.

Since the take-private deal closed, Twitter’s so-called monetizable daily user growth accelerated to more than 20%, according to an internal document that was shared with Twitter’s sales team to use in conversations with advertisers, the Verge reported.

SOURCE: My broadband