Executive Summary:
Elon Musk’s platform X (formerly Twitter) reported record-high engagement on Election Day, with a surge in posts and mobile user activity as Americans tuned in to track the results of a divisive presidential race. Donald Trump’s return to office may prove to be a significant boost for X, aligning with Musk’s own perspectives and potentially reopening opportunities for partnerships and ad revenue.
X experienced a notable increase in new user sign-ups, partly due to the limitations of competitor platforms like Threads, which restricted political content and lacked real-time updates. This engagement spike reflects X’s role as a primary source for real-time election information, drawing users back for timely news and discussions.
The election results may alter perceptions of X, which, under Musk’s ownership, has aligned with right-leaning views. Trump’s win could lessen resistance from advertisers who had distanced themselves due to the platform’s divisive image, potentially revitalizing ad revenue and allowing X to attract new investors and users.
While X’s financials have struggled since Musk’s takeover, the platform now has a chance to regain momentum. The renewed political influence of X, coupled with Trump’s support, positions Musk to leverage the platform’s reach in future elections and potentially secure additional funding to stabilize and expand X’s operations in 2025.