Elon Musk has never been accused of dreaming small. It has re-established at least two joint ventures with Tesla, its electric car company, and SpaceX, a rocket company – and now its demand has brought in $ 44 million. billion through Twitter.
Mr. Musk, the richest man in the world, has unveiled a deck for investors in recent days revealing its size – some would say unbelievable – plans for Twitter and its financial campaigns. The New York Times received the presentation. Here is a peek at Mr. Musk looks to the media service next year.
Quintuple revenue to $ 26.4 billion by 2028.
In his deck, Mr. Musk has claimed that it will increase Twitter revenue annually to $ 26.4 billion by 2028, up from $ 5 billion last year.
Cut Twitter’s advertising expectations to less than 50 percent of revenue.
According to Mr. Musk, advertising will fall to 45 percent of total revenue, down from around 90 percent in 2020. In 2028, advertising will make $ 12 billion in revenue and registered nearly $ 10 billion, according to data. Other income may come from businesses such as licensing records.
An additional 69 million users through Twitter Blue.
Mr. Musk plans to boost Twitter users ’numbers with services like Twitter Blue, where users pay $ 3 a month to upgrade their previous experience through the app. According to the deck, Mr. Musk expects 69 million Twitter Blue users by 2025
Generate $ 15 million in revenue from the payroll industry.
Twitter will raise $ 15 million from the payments business in 2023, according to the data, which will grow to $ 1.3 billion by 2028. The payment services company today, which including tipping and shopping, is unbelievable. There is a feeling that Mr. Musk was able to introduce the payment platform to Twitter because it helped popularize PayPal, a digital payment service.
Increase average income per user by $ 5.39.
With all these changes, Mr. Musk expects it to be able to bring Twitter revenue per user – an important measure for corporate relationships – to $ 30.22 in 2028 from $ 24.83 last year, according to as data.
employs 3,600 employees – after releasing hundreds.
By 2025, Mr. Musk expects Twitter to have 11,072 employees, according to the data. That would increase from around 7,500 today.
But in the middle, Mr. Musk expects that number to change, rising to 9,225 employees in 2022, then falling to 8,332 in 2023 before rising further. Mr. Musk seems to be letting employees be a part of his management, before bringing in new skills in engineering, an expert on the situation said. Costs based on commodities are also expected to reach only $ 3 billion by 2028, from $ 914 million in 2022.
Generate $ 9.4 billion in grants.
Twitter will add about $ 13 billion of debt owed as part of Mr. Musk purchasing plan. But he expects to pay off those debts based on free income – a measure of how much a company’s should work on its debts – has plans to grow to $ 3.2 billion in 2025 and $ 9.4 billion in 2028, according to Voice. Donations will continue to increase despite operating expenses and expenses, according to the data.