Social media platform Threads has achieved rapid growth, with nearly 275 million monthly users as of late October.Threads experienced a 175% increase in user base in the past year, growing from 100 million to 275 million users.Despite competition from X, Threads has been able to attract users due to the 24% drop in X's user base since Elon Musk's acquisition.While revenue generation may not be significant in the near term, Threads is expected to become a major advertising platform for Meta.