Tech

Musk hopeful on doubling Twitter’s revenue via paid subscribers

Elon Musk is hoping to increase Twitter’s financial performance in ways we may never have really seen before

Elon Musk has made headlines in recent weeks after his multi-billion-dollar Twitter takeover deal – now, he’s revealed some of the many thing’s he’s hoping to achieve at the company.

The billionaire is hopeful he can double Twitter’s revenue through paid subscriptions.

Musk estimates the social media giant will pocket almost $10 billion dollars in revenue from paid services such as Twitter Blue.

He’s also hinted at starting up a new subscription service called “Twitter X”

Last week the Tesla boss hinted that governments and some businesses may be charged a small fee for using the platform.

It’s expected that Musk will officially take over the platform in a matter of weeks once the deal has been settled.

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