If Elon Musk’s $44 billion bid to acquire Twitter is approved by shareholders and antitrust forums give the company the green light, Musk says he will be able to quintuple Twitter’s revenue by 2028.
In a recent speech to investors, Musk said he believes Twitter could earn $26.4 billion in revenue over six years, which would be a huge increase from the $5 billion the company made in 2021.
The subscriptions would become a much more important revenue engine than the current oneWants, among other things, that revenues do not depend so much on advertising, something that has happened so far, but that its approach is to promote the plan to carry out a subscription service that has been existing on Twitter for several months.
While some consider that Musk is a true messiah who is going to save Twittermany others fear that the essence and taste for the platform will be lost due to its new owner.