Musk says user signups at all-time high

Twitter Chief Executive Elon Musk has said that new user signups to the social media platform are at an “all-time high,” as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and hate speech.

Signups were averaging over two million per day in the last seven days as of Nov. 16, up 66 percent compared to the same week in 2021, Musk said in a tweet late on Saturday.

He also said that user active minutes were at a record high, averaging nearly 8 billion active minutes per day in the last seven days as of Nov. 15, an increase of 30 percent in comparison to the same week last year.

Hate speech impressions decreased as of Nov. 13 compared to October of last year.

Reported impersonations on the platform spiked earlier this month, before and in wake of the Twitter Blue launch, according to Musk.

Musk has said that buying Twitter would speed up his ambition to create an “everything app” called X.