Musk aims to quintuple Twitter's revenue to $26.4 billion by 2028, New York Times reports

Null

Elon Musk is aiming to increase Twitter's (TWTR.N) 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 p...

Read Complete Article

Post a Comment

Previous Post Next Post