GCEIP 500 Company profile
Twitter generated $5.08 billion in revenue in 2021, the last full fiscal year before its acquisition and rebrand as X. TIME included the platform in its first TIME100 Companies list that year.
The company
What it does
Twitter was a U.S. social media company whose service enabled users to publish and distribute short posts and follow public conversations. Elon Musk acquired the company in 2022; it was subsequently renamed X. Current X terms identify X Corp. as the U.S. contracting company. The TIME recognition belongs to Twitter as named in the 2021 edition.
Across markets
Twitter’s 2021 Form 10-K reported $5.08 billion in revenue and measured monetizable daily active usage at 217 million in the fourth quarter. Its public-posting model made the service a channel for news, civic debate, customer communication and advertising. The scale figures do not measure the quality of information or the harms and benefits experienced by users; platform governance and ownership also changed after the 2022 acquisition.
The company’s footprint and context are linked to the public sources below.
GCEIP view
What the record tells us
TIME included Twitter in its inaugural 2021 TIME100 Companies list, an editorial selection rather than a judged award. The recognition ledger assigns one provisional list placement to the historical company entry. The current X legal entity and platform should not be treated as a second recognition record, and no overall GCEIP rank has been assigned.
Published recognition
Selected results
See published awards and company-list results 1 sources
- TIME100 Most Influential Companies · 2021View source
Leaders
Social media platform; “Upgrading a platform”