Tech billionaire Elon Musk has made history by becoming the first individual to amass 200 million followers on the social media platform X, formerly known as Twitter.
Musk, who acquired the platform in October 2022 for an astounding $44 billion, continues to dominate the social media landscape.Following Musk in the follower rankings are prominent figures such as former U.S. President Barack Obama, who has 131.9 million followers, and football superstar Cristiano Ronaldo, with 113.2 million followers. Popular singer Justin Bieber ranks fourth with 110.3 million followers, while Rihanna rounds out the top five with 108.4 million followers. 
Indian Prime Minister Narendra Modi recently surpassed the 100 million follower mark, currently boasting 102.4 million followers, a milestone that Musk publicly praised.
Musk recently revealed that X now has over 600 million monthly active users (MAUs) and around 300 million daily active users (DAUs). However, reports have emerged claiming that a significant portion of Musk’s follower count may consist of fake accounts or inactive users, although these claims have not been officially confirmed.Musk has characterized X as a 'group chat for Earth', emphasizing the platform's global engagement. He envisions transforming X into an 'everything app' that allows users to share movies and TV shows, as well as make digital payments. He also mentioned that usage of X in the U.S. has reached an all-time high.In a separate development, global investment firm Fidelity recently slashed the value of its holdings in Musk’s X by a staggering 78.7 percent.
This adjustment suggests that the platform is now valued at approximately $9.4 billion, significantly less than the $44 billion purchase price from August 2022, according to filings cited by TechCrunch. Neither X, Fidelity, nor Musk has commented on these valuation changes.
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