Elon Musk Gets Last Laugh, Report Shows User Growth for Twitter Hitting All Time Highs Under the ‘New Sheriff in Town’

According to a report by ‘The Verge‘, Twitter is telling advertisers that user growth is at “all-time highs” since Elon Musk has taken over.

In a Twitter company document, ‘The Verge’ was able to obtain, Twitter it sharing daily user growth is at “all-time highs” since Musk took ownership of the platform.

In a FAQ document sent to the Twitter sales team to be used in conversations with advertisers shares, Twitter’s monetizable daily user growth has accelerated by more than 20 percent expanding that “Twitter’s largest market, the US, is growing evermore quickly.”

The FAQ also shares that Twitter has used more than 15 million monetizable daily users, “crossing the quarter billion mark” since the end of the second quarter. Twitter reported 237.8 million monetizable daily users and a 16.6 percent yearly growth rate in the second quarter of 2022.

Sunday Musk tweeted something along the same lines sharing, “Twitter user numbers have increased significantly around the world since the deal was announced. And these are very early days. As Twitter becomes by far the most reliable source of truth, it will be indispensable.”

Twitter user numbers have increased significantly around the world since the deal was announced.

And these are very early days. As Twitter becomes by far the most reliable source of truth, it will be indispensable.

— Elon Musk (@elonmusk) November 7, 2022

When Musk took over Twitter he moved swiftly and removed some of the top executives of the company. Shortly thereafter he announced he was going to be charging monthly $20 blue verified accounts. After a brief exchange with Stephen King, Musk reduced the proposed cost to $8 a month and has so far stuck with this.

Many companies have announced they will be pausing their advertising with Twitter, at least for now. According to this revelation, Musk had to lay off Twitter employees because of the exodus.

Musk shared Monday night:

”Twitter usage is at an all-time high lol”

Twitter usage is at an all-time high lol

— Elon Musk (@elonmusk) November 8, 2022

With the news of user growth, it will interesting to see if any of the companies come back to advertise with Twitter.