Friday, 24 March, 2023

Musk thinks he can 2X Twitter’s revenue in 6 years from subscription

<p>By 2028, Elon Musk expects Twitter to generate nearly $10B in subscription revenue, almost 2X then the platform&#39;s total revenue of last year. Musk has plans for an unnamed subscription service called &quot;X,&quot; which he expects to have nine million subscribers by 2023. He wants advertisements to account for only 45% of Twitter&#39;s total revenue. By 2028, Musk wants to make $15 MN from some sort of payments business. Twitter made $572 MN in data licensing and &quot;other revenue&quot; last year.</p>