Community post
Twitter: X marks the spot for Elon Musk's growth plans
ADVERTISEMENT
Twitter: X marks the spot for Elon Musk's growth plans
Published1 day agocommentsComments
Share
Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party on April 7, 2022 in Austin, Texas
IMAGE SOURCE,AFP
Elon Musk aims to increase Twitter's revenue fivefold to $26.4bn (£21.4bn) by 2028, a presentation to prospective Twitter investors seen by The New York Times (NYT) suggests.
Last year, Twitter's revenue was $5bn.
Plans to launch a new service called X are also revealed in the report, with an aim of nine million subscribers in its first year and 104 million by 2028.
Tech industry analyst Kyle Rees says the goals are "very tentative given the state of global and industry affairs".
The NYT says the revelations are in a "pitch deck" presented to investors "in recent days".
Replies (1)
This is a one-time notice from SCHOOL OF MINNOWS, a free value added service on hive.
Getting started on hive can be super hard on these social platforms 😪 but luckily there is some communities that help support the little guy 😊, you might like school of minnows, we join forces with lots of other small accounts to help each other grow!
Finally a good curation trail that helps its users achieve rapid growth, its fun on a bun! check it out. https://som-landing.glitch.me/