Musk aims to quintuple Twitter's revenue to $26.4 bln by 2028 -NYT - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

, up from $5billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world’s richest man to investors.

Musk clinched a deal last month to buy Twitter for $44billion in cash, in a move that will shift control of the social media platform populated by millions of users and global leaders to the Tesla Inc chief. Among his other goals, Musk expects the social media company to bring in $15 million from a payments business in 2023 that will grow to about $1.3 billion by 2028, the NYT cited the document as saying.

Musk, in a now deleted tweet last month, suggested a raft of changes to the social media giant’s Twitter Blue premium subscription service, including slashing its price.

All power to Trump must tweet. If not,let them stop Biden using American $ to fund Zelensky who in bed with Israel to kill Palestinians.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Elon Musk Secures $7.1 Billion in New Financing for TwitterElon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter Inc. .elonmusk Elon Musk bought Twitter and inherits arguably two other properties: the HashTag-verse and the Trending-verse in a 3 for 1 mega-deal. Brilliant guy. This man would never be able ti achieve what he did if he stayed in SA just shows you the difference in countries. Agreed, brilliant person. He makes changes for the better and don't wait for others
Source: dailymaverick - 🏆 3. / 84 Read more »