Ilan Mask: I will increase Twitter 5 times

Ilan Musk, who recently acquired Twitter under a $ 44 billion deal, recently announced that he would increase Twitter revenue fivefold.

Ilan Musk recently acquired Twitter in a $ 44 billion deal. The richest person in the world now controls this popular social network and wants to make it a place for free speech. In addition, Ilan Mask has planned programs to generate more revenue from Twitter, the details of which we will learn in the following.

5 times Twitter revenue by 2028

According to the plans made by Ilan Musk, in the new management period, about 45% of the total income of this social network will be provided through advertising. The average Twitter revenue per user will increase from $ 24.83 in 2021 to $ 30.22 in 2028. In 2028, Twitter will generate about $ 12 billion in advertising revenue and about $ 10 billion in subscription services.

Ilan Musk also announced that he would increase Twitter’s annual revenue to $ 26.4 billion by 2028, which indicates a fivefold increase over the previous year. According to the richest person in the world, the number of Twitter employees will increase from 7,500 employees in 2022 to 11,072 employees in 2025.

In addition, the number of Twitter Blue users that became available as a special subscription service of this social network last year will increase to 69 million by 2025. Ilan Mask will soon be introduced as the interim CEO of Twitter.