Home Latest Insights | News X now valued at $19 billion as corrected Posts by Community Notes become Ineligible for Revenue Sharing

X now valued at $19 billion as corrected Posts by Community Notes become Ineligible for Revenue Sharing

X now valued at $19 billion as corrected Posts by Community Notes become Ineligible for Revenue Sharing

X, the popular social media platform, has reached a new milestone in its valuation. According to Fortune, the company is now worth $19 billion, making it one of the most valuable tech companies in the world. The report cites unnamed sources familiar with the matter, who say that X has raised $1.5 billion in a new round of funding led by Tiger Global Management. The round values X at $19 billion, up from $10 billion in 2019.

X has been growing rapidly in recent years, thanks to its innovative features and loyal user base. The platform allows users to share short messages, or tweets, with their followers, as well as interact with other users through replies, likes, and retweets. X also offers live video streaming, news curation, and various tools for businesses and influencers.

X has also been expanding its global presence, especially in emerging markets. The company claims to have more than 300 million monthly active users, with over 80% of them outside the US. X has also invested in localizing its service and partnering with local media outlets and celebrities.

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X’s impressive growth and valuation reflect its potential to become a dominant player in the social media landscape. The company faces competition from other platforms such as Facebook, Instagram, and TikTok, but it has carved out a niche for itself as a source of real-time information and conversation. X also has opportunities to monetize its user base through advertising, subscriptions, and e-commerce.

X’s CEO has expressed his vision for the company as a platform that serves the public conversation and empowers people to speak freely. He has also been vocal about his commitment to improving the health and safety of the platform, as well as addressing the challenges of misinformation, abuse, and censorship. X’s latest funding round is a testament to its success and ambition. The company is now valued at $19 billion, making it one of the most valuable tech companies in the world.

If you are a content creator on X, you might be wondering how Community Notes affect your earnings. Community Notes are a feature that allows users to flag and correct factual errors, spelling mistakes, or other issues in your posts. While this can help improve the quality and accuracy of your content, it also has a downside: posts that are corrected by Community Notes become ineligible for revenue share on X.

Why is this the case? The reason is that X wants to reward original and high-quality content that does not require external editing or verification. When a post is corrected by Community Notes, it means that the content was not sufficiently researched, proofread, or formatted by the creator. This lowers the credibility and value of the post, and therefore reduces its earning potential.

How can you avoid this situation? The best way to prevent your posts from being corrected by Community Notes is to follow the guidelines and best practices of X. Before you publish a post, make sure to: Check your facts and sources. Use reliable and reputable sources to support your claims and arguments. Avoid spreading misinformation or false rumors.

Proofread your spelling and grammar. Use a spell checker or a grammar tool to catch any errors or typos. Avoid using slang, jargon, or informal language that might confuse or offend your readers. Format your post properly. Use headings, bullet points, images, and other elements to make your post easy to read and navigate. Avoid using too many colors, fonts, or emojis that might distract or annoy your readers.

By following these tips, you can ensure that your posts are original and high-quality, and that they meet the standards of X. This will increase your chances of earning revenue share on X, and also boost your reputation and engagement with your audience.

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