Bluesky Soars to 15 Million Users as It Gains Traction
Bluesky, the rising star in the world of microblogging platforms, has officially reached 15 million registered users, marking a significant milestone in its rapid growth. Just a month ago, the platform had 13 million users, making this growth spurt impressive as more and more people flock to alternatives to X (formerly Twitter), looking for a…
A recent report from Fidelity reveals the dramatic decline in the valuation of X, the social media platform formerly known as Twitter, which Elon Musk acquired for $44 billion in October 2022. According to Fidelity’s Blue Chip Growth Fund annual report, X’s value has plummeted to $9.4 billion, marking a staggering decrease of 78.7%.
Valuation Drop
Fidelity’s report indicated that its initial…
