Elon Musk, CEO of Tesla, SpaceX, and a few other cutting-edge digital businesses, owns the social media platform X. Previously known as Twitter, he just passed a critical milestone on the X app by becoming its most followed user.
Musk’s follower count surpasses 159 million
Musk now has more than 159 million app followers, breaking the previous record. With a net worth of $259 billion as of the beginning of September this year, Musk is the richest person in the world. Jeff Bezos, the founder and former CEO of the massive online retailer Amazon, comes in second place after Musk with a net worth of $161 billion.
Elon Musk also owns The Boring Company, Neuralink, SpaceX, and Tesla in addition to the X app, as was previously mentioned, thus many different individuals are interested in following Musk on X.
Additionally, he is an outspoken proponent of Dogecoin and has a history of using his tweets (formerly known as X postings) to influence the price of this original humour coin. Fans of DOGE make up a sizable portion of his following. In order to provide some context, 3.8 million people follow DOGE’s official account on X. Billy Markus, a co-founder of DOGE and Shibetoshi Nakamoto on the X app, has 2.1 million followers.
SEC suing Musk for Twitter, Musk’s improvements on platform
Elon Musk is now involved in a legal battle with the SEC regulator accusing him of omitting to testify about the purchase of Twitter in September. The regulatory body is also investigating if Twitter engaged in any securities fraud when Elon Musk started to purchase the company’s stock last year.
Musk incorporated numerous significant modifications on Twitter after he bought it and finalised the acquisition in October of last year, erasing Twitter as a microblogging network and renaming it as “X.” Users may now post lengthy readings, upload live videos, and even broadcast video games. Musk recently broadcast himself playing Diablo 3 on his X account.
Musk also unveiled the Subscriptions function, which enables content creators to get paid on a regular basis by their customers. Until an individual payout amount reaches $100,000, all money goes to content creators without X receiving a cut.
