Twitter’s value fell to $20 billion in March. DesignRush is on top of all events following Elon Musk's acquisition and shares how the platform is currently doing.
Following Elon Musk’s official acquisition of Twitter on October 27, 2022, the platform experienced many significant changes amid Musk’s sporadic decisions. All these events made Twitter users wonder about the future of the app.
DesignRush, a B2B marketplace connecting businesses with agencies, is on top of all these events and changes and shares how is Twitter currently doing:
- In March, the platform’s value fell to $20 billion — less than half of its $44 billion value last October
- The number of American Twitter users dropped from 32.4% to 29.5% between October 2022 and January 2023
- Musk announced passing the role as Twitter CEO by the end of 2023
Read more about these events in the full Spotlight news feature.
About DesignRush:
DesignRush.com is a B2B marketplace connecting businesses with agencies through expert reviews and agency ranking lists, awards, knowledge resources and personalized agency recommendations for vetted projects.
