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Meta's Threads struggles to grow amid rivalry with Elon Musk's X, ranking ahead of only Tumblr

Summary by Ground News
Twitter's clone now ranks near the bottom of the most popular social media platforms, ahead of only Tumblr. Threads will have less than half of the U.S. user base of its closest competitor, X, in 2023. The messaging application benefited from being a mainstream alternative to X, which is losing users due to the ownership by Tesla Chief Executive Elon Musk.

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CNBC broke the news in United States on Tuesday, September 26, 2023.
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