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Chronicles

The story behind the story

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Similarweb: in September, X's global monthly website traffic fell 14% YoY, US traffic declined 19% YoY, while traffic to Elon Musk's profile page was up 96% YoY

TechCrunch Sarah Perez

Context & Ripple Effects

The September reading extends the contraction Similarweb had already recorded in March, when Twitter saw a third consecutive month of traffic decline. It also arrives as the platform's U.S. advertising revenue was reported to have fallen sharply for much of the period after the ownership change.

The divergence between declining site traffic and increased visits to Musk's profile suggests that attention on X was becoming more concentrated around its owner, rather than expanding across the service.

First-order effects

  • X's web audience was smaller year over year in both its global and U.S. markets, with the U.S. decline steeper than the global figure.
  • Musk's profile drew substantially more web traffic even as the wider site contracted, increasing the prominence of his account within X's observed web usage.

Second-order effects

  • A shrinking web audience weakens a visible measure of reach for advertisers and publishers; that compounds pressure already evident in X's sustained U.S. ad-revenue decline.
  • Product and commercial teams would need to distinguish owner-driven attention from broad platform engagement, since profile interest does not necessarily translate into activity across the wider service.

Third-order effects

  • If this divergence persists, X could become more dependent on personality-led attention while its broader network utility erodes—a less resilient base for advertising and creator activity.
  • The pattern also underscores that web-traffic metrics are only one view of platform health; sustained assessment requires separating website behavior from app usage and other forms of engagement.

The trend: X is showing a broader shift in which platform-wide audience erosion can coexist with intensified attention around its owner, complicating the conversion of attention into a durable ad business.

Discussion

  • @carnage4life Dare Obasanjo on threads
    $44 billion to become the most popular user on Twitter.  My condolences to all the banks who thought they were investing in a business but actually invested in a billionaire's midlife crisis.
  • @technicallymims Christopher Mims on threads
    contra what Yaccarino has said about X having record traffic, Similarweb reports traffic to X is down by about a 1/5th in the U.S. since a year ago traffic to Elon Musk's profile page is up by nearly 100% though, so I guess in the end the acquisition was a success in the eyes of …
  • @techcrunch @techcrunch on threads
    Despite proclamations from X CEO Linda Yaccarino that usage of the social network was at an all-time high this summer, a new report is throwing cold water on those claims, saying that X usage has actually declined on all fronts, across both web and mobile
  • @scalzi@mastodon.social Scalzi on mastodon
    To me the interesting thing here is the confirmation that Twitter never drove much traffic to news/other sites; people were content to just consume headlines/commentary there.  That's appalling information hygiene, especially since Twitter (and any social media site) is prone to …
  • r/elonmusk r on reddit
    One year post-acquisition, X traffic and monthly active users are in decline, report claims |  TechCrunch
  • r/technology r on reddit
    One year-post acquisition, X traffic and monthly active users are in decline, report claims