Bluesky's Meteoric Rise: Navigating Growth Amidst X Exodus

1 min read
Source: NPR
Bluesky's Meteoric Rise: Navigating Growth Amidst X Exodus
Photo: NPR
TL;DR Summary

Bluesky, a decentralized social media platform, has seen a 500% surge in traffic following a mass user exodus from Elon Musk's X (formerly Twitter) after the presidential election. Bluesky, which offers users more control over their experience through customizable algorithms, has grown by about a million users daily, reaching over 20 million users. Despite its rapid growth, Bluesky faces challenges such as handling increased traffic and finding a sustainable revenue model, as it currently operates without ads and relies on venture capital funding.

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