REVEALED: Elon Musk plans to FIRE 1,000 Twitter staff, quintuple revenue

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REVEALED: Elon Musk plans to FIRE 1,000 Twitter staff, quintuple revenue

Post by Admin » Sat May 07, 2022 6:35 am

REVEALED: Elon Musk plans to FIRE 1,000 Twitter staff, quintuple revenue, get 69 million users paying $3 a month, and cut reliance on advertising income, presentation to investors shows.

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  • Elon Musk plans to quintuple Twitter's revenue to $26.4 billion by 2028
  • In a pitch deck Musk claimed he would increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year
  • Said he'd cut Twitter’s reliance on ads to less than 50% percent of revenue
  • Musk plans to boost Twitter’s user numbers with services such as Twitter Blue
  • Twitter Blue costs $3-a-month for users to customize their experience
  • Musk expects 69 million users to be using Twitter Blue by 2025
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