Elon Musk plans to fire 1,000 Twitter staff quintuple revenue 69 million users paying $3 a month


Elon Musk is aiming to increase Twitter’s annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world’s richest man to investors.

Advertising will fall to 45% of total revenue under Musk, down from about 90% in 2020, generating $12 billion in revenue in 2028, while subscriptions are expected to pull in another $10 billion, according to the report.

The head of electric-vehicle maker Tesla Inc also aims to increase Twitter’s cash flow to $3.2 billion in 2025 and $9.4 billion in 2028, the newspaper…



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