According to company documents obtained by the news agency, many of the most active users have left the platform in the last few years and there is no sign of them returning.
Musk walked from the justice center in Delaware. There is a photo of Matt uder.
According to an internal report, the number of people who use the platform six or seven days a week and three times a week is in decline.
Interest in topics popular with advertisers like sports, news and entertainment has fallen among English-speaking frequent users, while interest in pornography has risen.
Less than 10% of monthly users make up the majority of the company's revenue, but that doesn't mean they're not influential.
The company is said to have found a "devastating" decline in that area, possibly due to users moving to other platforms.
The decline in interest in world news and liberal politics has been huge.
A request for comment from Forbes was not responded to.
There is a discrepancy between the values of the company and its growth patterns, according to a company researcher.
More than 200 million. In the second quarter of this year, the total number of daily active users on the platform increased by almost 18% from a year ago. The U.S. had 41.5 million active users.
A judge in Delaware gave Musk until Friday afternoon to close his deal to purchase the micro-messaging service. A lawsuit from the social media company will go to trial if the deal doesn't close by then. The bankers were told by Musk that he would abide by the deadline.
The Washington Post reported last week that there would be massive staff cuts at the micro-messaging service. The platform and its users could be at risk of security threats due to the company's goal of cutting payroll by $800 million. According to the Post, Musk told prospective investors he's eyeing even deeper cuts if the deal goes through. The billionaire is said to have promised potential investors that he will triple the number of users who see ads by the end of his third year as owner.
It is estimated that Musk is the richest person in the world.
Internal documents show that the most active users are no longer using the service.
The report says that Musk plans to cut 75% of the workforce.
According to a report, Musk told bankers he would buy the social network by Friday.
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