Musk claims Twitter sign-ups at 'all-time high' as he faces mass exodus of advertisers

In a tweet early on Sunday, Musk said he sees a "path to Twitter exceeding a billion monthly users in 12 to 18 months".

Elon Musk said that user active minutes were at a record high, averaging nearly 8 billion active minutes per day in the last seven days as of November 15. Picture: Dimitrios Kambouris/Getty Images for The Met Museum/Vogue

Twitter chief executive Elon Musk has claimed new user signups to the social media platform are at an "all-time high", as he struggles with a mass exodus of advertisers and users fleeing to other platforms over concerns about verification and hate speech.

Signups were averaging over two million per day in the last seven days as of November 16, up 66% compared to the same week in 2021, Musk said in a tweet overnight.