Sad Day For Elon Musk As 22 Million Join Mark Zuckerberg’s Threads In 24 Hours
More than 22 million users switched to Meta-owned Threads after the launch of the eagerly anticipated text-based social media platform, according to the most recent statistics. On Thursday, CEO Mark Zuckerberg also claimed that more than 10 million people had signed up within hours of the platform’s launch, giving Twitter a tough time.
The most significant rival to Twitter, which Elon Musk, a millionaire, acquired for $44 billion last year, is presently Threads.
Other Twitter competitors emerged, but none of them could match Threads’ user base growth.
At 7:00 p.m. EDT on Wednesday, the app was made available to everyone in 100 different countries, with adverts temporarily disabled.
While writing on his official account on Threads, Facebook founder Zuckerberg wrote Thursday: “10 million sign-ups in seven hours.”
Some accounts were already active for celebrities such as Jennifer Lopez, Shakira and Hugh Jackman as well as media outlets including The Washington Post and The Economist.
The CEO of Meta spent his time during the platform’s launch replying to new users.
“One thing that’s up is the number of world champion MMA fighters on Threads, especially now that you’re here!” he wrote in a reply to American MMA fighter Jon Jones.
“Round one of this thing is getting off to a good start,” he said in anothe
Threads has already hit 22+ MILLION users in first 12 hours! https://t.co/1aWUmNbmBN pic.twitter.com/0bQSuPAOZQ
— Matt Navarra (@MattNavarra) July 6, 2023
In his first tweet in over a decade, Zuckerberg posted a Spiderman pointing at Spiderman meme in an apparent reference to the similarity of the two platforms.
Back on Threads, he wrote: “It’ll take some time, but I think there should be a public conversations app with 1 billion+ people on it. Twitter has had the opportunity to do this but hasn’t nailed it. Hopefully, we will.”
— Mark Zuckerberg (@finkd) July 6, 2023
According to Twitter, it has more than 200 million daily users.
People have been jumping to the new Twitter rival after Elon Musk carried out several unpopular measures spreading uncertainty by restructuring Twitter’s finances and firing thousands of employees.
It, however, backfired and the company lost nearly half of its value as the 52-year-old had said in an interview that his company is worth less than half of its value when he acquired it.
The CEO of Tesla and SpaceX carried out some unpopular changes such as removing blue checkmarks, directing people to pay monthly amounts for the verified marks and in the latest decision, limiting the number of tweets a user.
Zuckerberg is cashing on the dwindling Twitter users as some people are anticipating Threads to be a Twitter killer.
“It’s as simple as that: if an Instagram user with a large number of followers such as Kardashian or a Bieber or a Messi begins posting on Threads regularly, a new platform could quickly thrive,” strategic financial analyst Brian Wieser said on Substack.
Analyst Jasmine Engberg from Insider Intelligence said Threads only needs one out of four Instagram monthly users “to make it as big as Twitter.”
“Twitter users are desperate for an alternative, and Musk has given Zuckerberg an opening,” she added.
Instagram chief Adam Mosseri told users that Threads was intended to build “an open and friendly platform for conversations.”
“The best thing you can do if you want that too is be kind,” he said.
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