Illustration by Kristen Radtke / The Verge; Getty Images
Elon Musk — the world’s richest man and Twitter’s new owner — expects Twitter to earn almost $10 billion in revenue from subscriptions by 2028, a projection that doubles the $5 billion in total revenue the platform made last year, according to a report from The New York Times.
In a pitch deck viewed by the Times, Musk gave investors a taste of what to expect under his ownership. This reportedly includes driving up Twitter Blue subscribers to 69 million by 2025 and more than doubling that number to 159 million by 2028. Launched last year, Twitter Blue is the service’s $2.99 / month subscription that gives users access to an “undo tweet” button, app customization, ad-free articles, and other exclusive features. Musk expects a huge growth...
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.