Twitter Inc chief executive Elon Musk said new user signups to the social media platform are at an "all-time high", as he struggles with a mass exodus of advertisers

He said that buying Twitter would speed up his ambition to create an "everything app" called X.

In another tweet early on Sunday, Musk said he sees a "path to Twitter exceeding a billion monthly users in 12 to 18 months."

Advertisers on Twitter, including big companies such as General Motors, Mondelez International, Volkswagen AG, have paused advertising on the platform, as they grapple with the new boss.

Advertisers on Twitter, including big companies such as General Motors, Mondelez International, Volkswagen AG, have paused advertising on the platform, as they grapple with the new boss.

Musk has said that Twitter was experiencing a "massive drop in revenue" from the advertiser retreat, blaming a coalition of civil rights groups that has been pressing the platform's top advertisers to take action if he did not protect content moderation.