Elon Musk Started Working To Increase Twitter's Revenue
Having bought Twitter for $44 billion, Elon Musk thinks the company can increase its revenues to $26.4 billion in 2028.
Elon Musk Started Working To Increase Twitter's Revenue. Elon Musk, CEO of SpaceX and Tesla, bought the microblogging site Twitter for $44 billion.
While many scenarios were talked about the reasons for Musk's move, Musk, the richest person in the world, started working to double his investment, which reached a record figure.
Looking at the company's revenue last year, we can understand how ambitious Elon Musk's statements were. In 2021,
Twitter shared a very small figure compared to the figure suggested by Musk, and reported a total revenue of $ 5 billion.
Elon Musk announced that the platform will remain free for standard users, but there may be "small fees" for companies and governments.