Threads, Meta's X Competitor, Hits 500 Million Monthly Users

Threads surpassed X in worldwide daily active mobile users in September and then narrowly edged it with 130.2 million average daily users versus X's 130.1 million for the week ending in September. The report highlights a competitive shift in social media usage, but it is largely a usage-data update rather than a direct financial catalyst. Market impact is likely limited.

Analysis

Threads surpassed X in worldwide daily active mobile users in September and then narrowly edged it with 130.2 million average daily users versus X's 130.1 million for the week ending in September. The report highlights a competitive shift in social media usage, but it is largely a usage-data update rather than a direct financial catalyst. Market impact is likely limited.