Elon Musk to increase Twitter Revenue
Elon Musk is aiming to increase Twitter (TWTR)'s annual revenue to $26.4 billion by 2028. up from $5 billion last year.
Advertising will fall to 45% of total revenue under Musk, down from about 90% in 2020, generating $12 billion in revenue in 2028.
Musk increase Twitter Revenue- Advertising
Musk to increase Twitter Revenue- Subscription
The Subscriptions are expected to pull in another $10 billion, according to the report by the leaks.
The head of Tesla (TSLA) also aims to increase Twitter's cash flow to $3.2 billion in 2025 and $9.4 billion in 2028,
Elon Musk to Increase Cash Flow
Elon Musk to Expand User Base on Twitter
The billionaire Elon Musk has also promised to revitalize the company and expand the number of users
cracking down on spam bots and reducing the amount of moderation to facilitate more "free speech."
Musk increase Twitter Revenue- Fighting Spam
Elon Musk- Twitter Temporary CEO
Musk is expected to become Twitter's temporary CEO, a person familiar with the matter told Reuters on Thursday.
Musk expects the Twitter to bring in $15 million from a payments business in 2023 that will grow to about $1.3 billion by 2028.
Twitter Revenue from the Payment Business
Musk to Increase Twiiter Revenue- Swipe Up!!!
Swipe up for More WebStories related to Tchnology, Gadgets, Finance, & Other Trending News around the Globe.