Elon Musk Plans To Take Twitter Revenues To Flight

SpaceX and Tesla CEO, holding the title of the richest person in the world with a fortune of more than $ 50 billion Elon Musk, the popular social media platform Twitter in the past weeks has been on the agenda like a bomb with the acquisition of approximately 44 billion dollars. For this reason, it was a matter of curiosity how the company would follow after Musk took over.

Recently, Musk Twitter We have shared with you that it is alleged that it plans to offer it to the public again. The famous businessman also shared a small platform for government officials and commercial accounts. fee He said he could request it, and it would continue to be free for ordinary people. Now, The New York Times (NYT), Elon Musk’s total revenue with subscriptions only to double He shared a report outlining his plans.

Musk plans to generate $10 billion in revenue from subscriptions

According to the news of NYT, Musk gave information to investors about what developments could happen in the company after he took over. The revenue of the famous business person from Twitter subscriptions by 2028 10 billion dollars He said he plans to remove it. It should be noted that the total revenue of the giant platform last year was 5 billion dollars.

In addition, the report states that Musk’s subscriber count for Twitter Blue, the platform’s paid subscription system, will reach 2025. 69 millionif in 2028 to 159 million was requested to be removed. If you ask what Twitter Blue is; For $2.99 ​​(TRY 30.99 in Turkey), this service offers users many features such as undo tweets, ad-free access to articles, and bookmarks folders. The famous billionaire also stated that he wanted a ‘Special Blue Tick’ for Blue subscribers in the statements he made in the past weeks.

Total revenue is planned to reach 26 billion, and the number of employees is planned to increase to 11 thousand.

The 50-year-old entrepreneur offers investors Blue from another subscription system more mentioned. According to the NYT, this new service, whose name is not yet known, is ‘x’ was named. Musk’s subscribers here too 9 million in 2023 and 104 million in 2028 He said he planned to reach it. It is possible to say that this system may have something to do with the wages for government officials and companies that we mentioned at the beginning of the article. In short, with Musk, Blue and ‘X’ subscriptions, revenues will reach 10 billion in 2028, the company’s Its total revenue is $26.4 billion in the same year. plans to deliver.

Musk wants the company’s ad revenues to make up 45% of total revenue, and that number will come from ads by 2028. 12 billion dollars It was also stated that it is expected to be In addition, it was stated that the company aims to increase its revenues through other payments, data licensing and other means on the platform. Finally, Musk plans to hire 3,600 new employees, the company’s headcount by 2025. to 11,072 He said he was considering removing it. In the news yesterday, it was seen that job applications made to the platform took flight after Musk’s purchase.