• Over two million people signed up for Twitter per day on average.
• He said that the number of user active minutes was at an all-time high.
• As of November 13, there were less impressions of hate speech.

Elon Musk, the chief executive of the social media site Twitter, claims that new user signups are at a 'all-time high' as he battles a large migration of advertisers and users to other platforms due to worries about verification and hate speech.

Musk stated in a tweet late on Saturday that as of November 16, signups have increased by 66 percent compared to the same week in 2021, averaging over two million per day over the previous seven days. 

Additionally, he noted that as of November 15, user active minutes had increased 30% from the same week in 2016, reaching a new high of nearly 8 billion minutes per day on average over the previous seven days. As of November 13 compared to October of last year, there was a decline in impressions of hate speech.
According to Musk, the number of reported impersonations on the site increased earlier this month, both before and after the debut of Twitter Blue.
With the purchase of Twitter, Musk, who also owns the rocket company SpaceX, brain-chip startup Neuralink, and tunnelling company the Boring Company, hopes to move closer to realising his vision of a 'everything app' dubbed X.

 According to the tweet, Musk's 'Twitter 2.0 The Everything App' would have features including payments, longform tweets, and encrypted direct messaging (DMs). Musk predicted that Twitter will surpass a billion monthly users in 12 to 18 months in another tweet that he sent out early on Sunday. 

Major businesses like General Motors, Mondelez International, and Volkswagen AG are among those who have suspended their Twitter advertising campaigns while they get used to the new CEO. Musk blamed a coalition of civil rights organisations that had been pressuring the platform's major advertisers to take action if he did not protect content moderation for the 'huge decrease in revenue' that Twitter was facing