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Twitter Marketcap, Revenue, Net Worth, Competitors 2026

Twitter, Inc. logo

Twitter, Inc. logo

Key Stats

Founded
March 21, 2006
IPO Date
November 7, 2013
Acquired by Elon Musk
October 2022 ($44B)
Rebranded to X
July 24, 2023
Peak Revenue
$5.08B (2021)

Twitter, now known as X, transformed global communication by pioneering microblogging. The platform allowed users to share short messages called tweets, originally limited to 140 characters. Twitter became essential for breaking news, public discourse, and real-time conversations.

The company went public in 2013 and operated independently until Elon Musk acquired it in October 2022 for $44 billion. Under Musk’s ownership, the platform rebranded to X in July 2023 with ambitions to become an everything app. The company remains a significant player in social media despite facing increased competition.

Twitter History

March 2006
Jack Dorsey sent the first tweet while working at Odeo. The project began as an internal SMS-based communication tool.
July 2006
Twitter launched publicly. The platform quickly gained attention as a new form of social networking.
March 2007
Twitter gained mainstream popularity at South by Southwest conference. Daily tweets jumped from 20,000 to 60,000.
April 2007
Twitter spun off as an independent company from Obvious Corporation.
November 2013
Twitter went public on the New York Stock Exchange at $26 per share. Shares closed at $44.90 on the first trading day.
October 2015
Jack Dorsey returned as permanent CEO after serving as interim leader following Dick Costolo’s departure.
November 2017
Twitter expanded its character limit from 140 to 280 characters, doubling the space for tweets.
October 2022
Elon Musk completed his $44 billion acquisition of Twitter. The company was delisted from NYSE.
July 2023
Twitter rebranded to X. The iconic blue bird logo was replaced with a stylized X symbol.
2025
xAI acquired X Corp in an all-stock transaction. The platform continues evolving toward an everything app vision.

Twitter Co-founders

Jack Dorsey
Created the original concept and sent the first tweet. Served as CEO twice during Twitter’s history.
Noah Glass
Named the platform Twitter. Led early development before leaving the company in 2006.
Biz Stone
Shaped Twitter’s creative direction and company culture. Previously worked at Google and Blogger.
Evan Williams
Provided business leadership and served as CEO from 2008 to 2010. Co-founded Blogger and Medium.

Twitter Revenue

Twitter generated revenue primarily through advertising and data licensing. The company reached its peak revenue of $5.08 billion in 2021. Revenue declined significantly after the Musk acquisition as advertisers paused spending amid platform changes.

Twitter Annual Revenue (2013-2023)
$0.66B
2013
$1.40B
2014
$2.22B
2015
$2.53B
2016
$2.44B
2017
$3.04B
2018
$3.46B
2019
$3.72B
2020
$5.08B
2021
$4.40B
2022
$3.40B
2023

Twitter Competitors

Twitter faces competition from various social media platforms. Meta launched Threads in July 2023 as a direct competitor. Bluesky, co-founded by Jack Dorsey, gained significant traction following the X rebrand.

Platform Parent Company Key Feature
Threads Meta Platforms Instagram integration, 500-character posts
Bluesky Bluesky Social Decentralized protocol, customizable feeds
Mastodon Independent servers Federated social network, ad-free
Instagram Meta Platforms Photo and video sharing, Stories
Facebook Meta Platforms Comprehensive social networking
TikTok ByteDance Short-form video content
LinkedIn Microsoft Professional networking
Reddit Reddit Inc. Community-based discussions
Snapchat Snap Inc. Ephemeral messaging, AR filters
Discord Discord Inc. Server-based communities, voice chat

Twitter Marketcap

Twitter’s market capitalization fluctuated significantly during its time as a public company. The stock reached an all-time high of $77.63 in March 2021. Musk acquired the company at $54.20 per share in October 2022, valuing it at $44 billion.

Twitter Market Capitalization (2013-2022)
$24B
2013
$23B
2014
$16B
2015
$12B
2016
$18B
2017
$20B
2018
$24B
2019
$40B
2020
$38B
2021
$41B
2022

Twitter Acquisitions

Twitter made over 50 acquisitions during its history to expand capabilities in advertising, video, and mobile technology. The company pursued aggressive acquisition strategies under CEO Dick Costolo, completing approximately 40 deals in five years.

The Vine acquisition in October 2012 brought short-form video capabilities to Twitter. Vine allowed users to create six-second looping videos and quickly attracted millions of users. Competition from Instagram led Twitter to shut down Vine in October 2016.

MoPub joined Twitter in September 2013 for $350 million. The mobile ad exchange platform became a significant revenue driver by enabling real-time bidding for app advertisements. Twitter later sold MoPub to AppLovin for $1.05 billion in January 2022.

Periscope arrived in March 2015 and enabled live video streaming directly from mobile devices. The acquisition positioned Twitter as a leader in live content before competitors entered the space. Twitter discontinued Periscope in March 2021 due to declining usage.

TellApart enhanced Twitter’s advertising technology when acquired in April 2015 for $533 million. The company specialized in targeted advertising for e-commerce businesses. Other notable acquisitions included TweetDeck for social media management, Crashlytics for mobile analytics, and Bluefin Labs for social TV measurement.

Revue joined Twitter in January 2021 to add newsletter capabilities. The acquisition aimed to compete with platforms like Substack by helping writers monetize their content. Microsoft competitor LinkedIn pursued similar newsletter features during this period.

FAQs

When was Twitter founded?

Twitter was founded on March 21, 2006, by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. The platform launched publicly in July 2006.

Who owns Twitter now?

Elon Musk acquired Twitter in October 2022 for $44 billion. The company rebranded to X in July 2023 and merged with xAI in 2025.

Why did Twitter change its name to X?

Elon Musk rebranded Twitter to X in July 2023 as part of his vision to create an everything app offering messaging, payments, and other services.

What was Twitter’s highest stock price?

Twitter stock reached its all-time high of $77.63 on March 1, 2021. The company was acquired at $54.20 per share in October 2022.

Who sent the first tweet?

Jack Dorsey sent the first tweet on March 21, 2006. The tweet read “just setting up my twttr” and marked the platform’s beginning.

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