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