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Stock impact report

Elon Musk's X Sees Popularity Slide After Election — While Bluesky Makes Gains [Forbes]

Similarweb Ltd. Ordinary Shares (SMWB) 
Company Research Source: Forbes
rival social media platform Bluesky's traffic has increased since then, according to data from digital market intelligence company Similarweb, though X is still significantly more popular than its competitor. Musk purchased Twitter for $44 billion in 2022. (Photo by Jaap Arriens/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts X's daily web visits (calculated on a month-by-month basis) are down an average of 8.4% compared to November, after briefly spiking during the election and largely plateauing in the proceeding days, while average daily active users per month on the platform are down 7.2% to 25 million in that same window of time, according to Similarweb. Meanwhile, Bluesky maintained a post-election boom in daily web visits and daily active users (calculated on a month-by-month basis), with Similarweb reporting average daily web visits are up 21.5% compared to November while average daily active users are up 2.3% to 1.5 million. Bluesky has mostly manag Show less Read more
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