According to Odaily, social media platform X, owned by Elon Musk, experienced a significant revenue decline in the second quarter of 2024. The company's revenue fell by 53% year-over-year, amounting to $114 million. Despite this downturn, X has set a target to achieve $190 million in revenue in the third quarter within the United States. However, this target represents only a quarter of its revenue during the same period last year.