Twitter reaches 238 mn users globally amid legal battle with Musk

Despite posting $270 million net loss in its second quarter (Q2) this year, Twitter has reached 237.8 million users which is a significant growth amid the controversial Elon Musk takeover.

The micro-blogging platform, locked in a battle with the Tesla CEO over the presence of bots/spam accounts on its platform, said it now has 237.8 million monetisable daily active usage (mDAU), up 16.6 per cent compared to Q2 of the prior year.

“The increase was driven by ongoing product improvements and global conversation around current events,” the company said late on Friday.

Average US mDAU was 41.5 million for Q2, up 14.7 per cent compared to Q2 of the prior year.