This guide talks about whether Roblox is shutting down in 2024 or whether it is just a rumor.
Is Roblox shutting down in 2024? This is one of the most frequent questions appearing on the internet, and many regular players, especially kids, are worried about its end.
To answer the question and explain the current scene, we have prepared this handy guide talking about the Roblox shutdown rumours.
Will Roblox Shut Down In 2024
No, Roblox will not shut down in 2024, as the company's financials are excellent. Not just this year, but it has been positive for the past years too.
In Q3, 2023, the company's "Revenue was $713.2 million, up 38% year-over-year." A company with strong financials and increasing growth will never shut down until and unless they are tied down to any illegal activity-related case.
This morning, we announced our Q3 2023 financial results. Check out our full earnings report, including our Letter to Shareholders: https://t.co/vjtvoPJvkE pic.twitter.com/Sp5P5cJvYv
— Roblox (@Roblox) November 8, 2023
But that, too, is uncommon, as these cases take years to get a final verdict, and most of the time, they get away by changing certain policies, removing certain people and making changes. You cannot completely shut down a company that is the livelihood of the masses.
On the contrary, Roblox recently made its way to the PlayStation platform, and it will have a strong Q4 in terms of earnings and users. Moving to the next year, the company will, in fact, be looking to expand and improve.
Where Did The Roblox Shutting Down Rumor Start?
Well! As always, thanks to the Roblox content creators, especially on TikTok, who like to post clickbait titles and hypothetically talk about situations without any factual data, the rumours about Roblox shutting down started.
We would like to suggest the Roblox users not get such information from content creators and instead rely on official channels like Roblox's Twitter handle, their official website, Press Release and other similar things.