Twitter users are BEGGING for invite-only code to rival platform Bluesky trends now
Twitter users are desperate for invite-only codes to move away from the Elon Musk-owned social media platform and join Jack Dorsey's rival platform Bluesky.
Bluesky, set up in 2019 by former Twitter boss Dorsey, has recently attracted over 100,000 users to the platform which currently operates on rare invite codes.
At an event hosted by Bluesky, the Wall Street Journal reported that attendees were hungry for codes to join the platform that was spun out of Twitter in 2021.
The newspaper reported that groups had gathered around employees at the tech event in San Francisco who handed out codes written on tiny pieces of paper.
Since Musk took charge of the company in October of last year for $44 billion, the popular site has seen finances plummet, big names leave and major glitches.
Jack Dorsey, pictured here in 2021, set up Bluesky in 2019 when he was in charge of Twitter as part an
Twitter's value is now just one-third of what it was when CEO Elon Musk purchased it in, some $15 billion compared to its sticker price of $45 billion last year
In their financial disclosure report released Tuesday, Fidelity estimates their stake in X Holdings Corp - Musk's investment group - at $6,554,644.
Bluesky was designed with the intention of becoming a decentralized social media and not to be owned by one organization.
The site is incredibly similar to Twitter in that it allows users to interact with one another who share posts similar to tweets.
On Twitter, users asking for Bluesky codes has risen also with some people Tweeting out looking to join the platform.
One tweeted: 'Hello all. This is me, asking nicely if anyone has a BlueSky invite to bestow upon me. Thanks!'
A recent valuation from Fidelity of its stake in the social-media giant showed that the company has hemorrhaged value as their piece - $20 million in October - now sits at just $6.55 million.
Musk has repeatedly acknowledged that he overpaid for Twitter when he bought it in October for a whopping $44 billion.
In late March, Musk stated he believed Twitter is worth 'less than half' of what it cost him to buy it in the fall.
In a company-wide email, he said the social media giant lost so much money
