Trump's social platform Truth Social and Musk's X platform (formerly Twitter) may merge. Data show that Truth Social's revenue in the third quarter of this year was only $2.60 million, mobile end monthly active user was 698,000, and website monthly visits were 11.30 million; in comparison, X platform is expected to generate annual advertising revenue of $2 billion, monthly active user reached 70.40 million, and website monthly visits were as high as 1 billion times.
Erik Nisbet, director of the Center for Communication and Public Policy at Northwestern University, said that since Mr. Musk took over, the content style of the X platform has gradually moved towards Truth Social. Both platforms are marketed as "free speech" and are mainly aimed at conservative audiences. According to the data, 57% of Truth Social users use it as a daily news source, while the X platform is 59%.
Industry insiders believe that the potential merger is more commercially meaningful for Trump and can be used as his cash-out exit strategy.
Foreign media: Trump's social platform Truth Social and Musk's X platform may merge
2024-11-14 08:18:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
外媒：特朗普旗下社交平台 Truth Social 与马斯克的 X 平台或将合并Next article：
6只香港虚拟资产ETF今日成交额为1.36亿港元
