X platform owned by billionaire tech guru Elon Musk is facing a stiff competition from emerging competitive social media platforms around the world.
Latest to mount market frustrations on X is Bluesky which has since been recording massive membership user sign ups across the globe.
The rising wave of popularity for the App, comes in the wake of the recent U.S election. It is seen by some as alternative to X. Bluesky has recently topped the download charts on both the US and UK Apple Stores, as many social media users migrate from the app formerly known as Twitter.
In the week following Donald Trump’s win in the US presidential election, 2.25 million users joined Bluesky. A large number of new users have cited Elon Musk as a key reason for joining Bluesky, given his strong support for Trump’s election campaign and plans to stay engaged with the upcoming administration.
Meanwhile, Threads, Meta’s alternative to X, has also seen steady growth. However, some users have chosen to avoid Threads all together in an attempt to limit reliance on “Big Tech” firms.
What sets Bluesky apart from most other social media platforms is its decentralized nature, meaning it runs on independent servers rather than those controlled by the company.
