Social media companies MAU and market cap at IPO 2024

Published by
Stacy Jo Dixon,
Apr 3, 2024
Truth Social, the Trump-owned social media platform, started trading publicly on March 26, 2024. The social network has fewer users and a lower valuation than Meta Platforms, X (formerly Twitter), and Pinterest did at their initial public offerings. The market capitalization of Truth Social when it went public was estimated to be six billion dollars, with an estimated five million monthly active users.

Monthly active users (MAUs) and market capitalization at initial public offering (IPO) for selected social media companies as of March 27, 2024

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Release date

March 2024

Region

Worldwide

Survey time period

2012 to 2024

Special properties

Truth Social's total reflects monthly website visits globally in February 2024, according to SimilarWeb data; it does not reflect app users

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