X Ad Revenue Forecast 2025

Ad Spend on the Platform Will Grow for the First Time Post Musk Acquisition

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About This Report
X’s ad business is beginning to recover. But the return to growth is complicated, and there’s still a long road ahead for X’s ad revenues to reach pre-Elon Musk levels.
Table of Contents

X’s ad business is recovering, but it’s too soon to call it a rebound. Even as brands return and new advertisers start spending, X’s ad revenues will still be smaller in 2025 than they were prior to Elon Musk’s acquisition.

Key Question: What’s driving the growth in X’s ad business and how should advertisers respond?

Key Stat: X’s worldwide ad revenues will rise by 16.5% YoY in 2025, two years after plummeting by 51.7%, per our latest forecast.

This report can help you: develop media strategy and allocate budget for campaigns (brands and agencies)

authors

Jasmine Enberg

Contributors

Rahul Chadha
Director, Report Editing
Vladimir de Leon
Chart Editor
Zach Goldner
Senior Forecasting Analyst
Penelope Lin
Director, Data Visualization
Minda Smiley
Paul Verna
VP, Content
Ali Young
Senior Copy Editor and Manager of Content Operations
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