Meta’s Threads is losing ground to social media start-up Bluesky in capitalising on the exodus of users from Elon Musk’s X following Donald Trumpâ

Meta loses ground to Bluesky as users abandon Elon Musk’s X

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2024-11-24 07:00:05

Meta’s Threads is losing ground to social media start-up Bluesky in capitalising on the exodus of users from Elon Musk’s X following Donald Trump’s election.

Since election day, app usage of Bluesky in the US and UK skyrocketed by almost 300 per cent to 3.5mn daily users, according to data from research group Similarweb. The site was boosted as academics, journalists and left-leaning politicians abandoned X, whose billionaire owner is a prominent supporter of the president-elect.

Prior to November 5, Threads had five times more daily active users in the US than Bluesky, which has just 20 full-time staff and was initially funded by Twitter when Jack Dorsey was its chief executive. Now, Threads is only 1.5 times larger than its rival, Similarweb said.

Bluesky’s growth in the US and UK comes after Meta chief executive Mark Zuckerberg chose to deliberately reduce the prominence of political content across its apps, including Facebook and Instagram.

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