Is Twitter only generating $5 billion a year in revenue right now? It doesn’t matter, Elon Musk firmly believes that under his leadership the network social by 2028 will bring about $10 billion in revenue. total, on this horizon, the entrepreneur is counting on $28 billion. A presentation paper seen by the New Tork Times reveals a little more about Elon Musk’s strategy… at least the one he wants to present to investors. We learn that Elon Musk intends to reach the age of 69. millions paying Twitter Blue users by 2025, reaching 159 millions by 2028.
Can Elon Musk make Twitter twice as profitable?
To achieve this increased profitability, the entrepreneur intends to make changes to the subscription offer to make the offer more attractive. Twitter Blue is a €2.99 per month subscription that has been available since last year. For that price, users currently have access to an “undo tweet” button, topic reading mode, advanced settings, bookmarked tweet save folders, and more. He doesn’t clearly explain the changes he intends to make to Twitter Blue, though Elon Musk has already suggested adding an “Edit” button or automatically providing a “Verified” button for paid users. This indeed calls another subscription, denoted for now by “X”. The last one should bring 9 millions users on the platform from next year to 104 millions by 2028. All in all, Tesla’s boss estimates that he could increase the number of users by 217 people. millions at 600 millions in 2025 and until 931 millions in 2028. In addition to the changes to Twitter Blue and the new subscription offer, Elon Musk talks about advertising that could bring in $12 billion by 2028 – wait for the famous $28 billion. In addition, Elon Musk also talks about business revenue that could rise to $1.3 billion by 2028. See also – Paid Twitter: which users is Elon Musk targeting? In addition, according to the New York Times, Twitter may also increase. son turnover under the leadership of Elon Musk, based on licenses for access to data – in other words, marketing millions daily tweets to third parties. However, this is an area where it may run into difficulties as the global regulatory environment becomes tense regarding the use of personal data.