Has Threads managed to "rival" Elon Musk's X?

The Threads platform celebrated its first birthday earlier this month.

The platform became the fastest growing app in the world soon after it launched, reaching 100 million users in just five days.

A year later, Threads is still growing, though not as fast.

Zuckerberg said last week that rival X now has more than 175 million monthly active users.

And Threads reportedly owes much of its early success to its close ties to Instagram.

In contrast, the growth of X (formerly Twitter) is stalling.

The platform said the number of global daily active users rose 1.6% to 251 million in the second quarter of this year, the Financial Times reported.

That represents a 1.6% year-over-year increase and contrasts with the double-digit growth the platform generally posted before Musk bought it.

Zuckerberg initially promoted Threads as an alternative to X.

But a year later, it still doesn't appear to have become a real threat to Musk's platform. /Telegraph/