Elon Musk Aims To Quadruple Twitter Users by 2028

Hoping to raise the number of monthly users to 931 million per month.

Tech & Gadgets 
17,019 Hypes 13 Comments

Following his major acquisition deal for Twitter, Elon Musk is making sure that the platform will be a success moving forward. The tech mogul is reassuring the public that he has Twitter’s best interest at heart, claiming that his grandeur visions for the company would include growing the platform’s monthly users by tenfolds.

The New York Times has obtained a copy of a pitch deck for investors which have revealed Musk’s plans for the company. Musk hopes to grow Twitter’s monthly users from 217 million by the end of 2021 to 600 million per month in 2025 and 931 million users by 2028. The astronomical numbers show a greater than quadruple growth in monthly users. It appears that Musk is staying true to his plans for introducing paid subscription services, wanting 104 million paid subscribers by then as well.

The pitch deck also showcases a series of ambitious revenue goals. Musk believes that the company can quintuple its annual revenue to $26.4 billion USD by 2028, approximately $5 billion more than last year’s revenue. Musk has also revealed plans to diversify Twitter’s offering and expand Twitter Blue users to 69 million by 2025 and 159 million users by 2028. In order to stay on track, Twitter is expected to bring in $15 million USD in revenue from payment businesses by 2023 and by 2028, hit $1.3 billion USD.

It remains to be seen how Musk will execute his plans to achieve these numbers

In other tech news, Elon Musk is reportedly taking over as Twitter’s temporary CEO following the takeover.

Read Full Article

What to Read Next

Elon Musk’s Appeal to Remove ‘Twitter Sitter’ Rejected by Supreme Court
Tech & Gadgets

Elon Musk’s Appeal to Remove ‘Twitter Sitter’ Rejected by Supreme Court

Musk was legally mandated to have a lawyer pre-approve his tweets.

US Judge Orders Elon Musk To Testify in SEC's Twitter Probe
Tech & Gadgets

US Judge Orders Elon Musk To Testify in SEC's Twitter Probe

Musk is being investigated for his activity during his $44 billion USD buyout of the platform.

Elon Musk's xAI To Launch Revamped Version of Grok Chatbot
Tech & Gadgets

Elon Musk's xAI To Launch Revamped Version of Grok Chatbot

Just two weeks after the original rolled out to the public.


Elon Musk Sued by 8 Former SpaceX Employees Alleging Sexual Harassment and Retaliation
Tech & Gadgets

Elon Musk Sued by 8 Former SpaceX Employees Alleging Sexual Harassment and Retaliation

The former SpaceX engineers allege that Musk personally ordered their firings after they raised concerns.

Kanye West Shares New Music Video for "Life of the Party"
Music

Kanye West Shares New Music Video for "Life of the Party"

Featuring forthcoming YEEZY GAP ENGINEERED BY BALENCIAGA pieces.

FX Drops First Teaser Trailer for Docuseries 'Dear Mama' About Tupac and His Mother
Entertainment

FX Drops First Teaser Trailer for Docuseries 'Dear Mama' About Tupac and His Mother

The five-part docuseries is named after the rapper’s 1995 hit song.

Max Verstappen Wins in Inaugural Miami Grand Prix
Sports

Max Verstappen Wins in Inaugural Miami Grand Prix

The defending world champion holds off Charles Leclerc for the win.

Queens Museum To Honor Tremaine Emory and Christine Sun Kim
Art

Queens Museum To Honor Tremaine Emory and Christine Sun Kim

Marking the museum’s 50th-anniversary gala.

Nike Expands Air Max 97 Terrascape With “Black/White” Colorway
Footwear

Nike Expands Air Max 97 Terrascape With “Black/White” Colorway

Constructed with recycled materials.


Lil Baby Shares New Song “Dark Mode” About Ja Morant
Music

Lil Baby Shares New Song “Dark Mode” About Ja Morant

A part of a new Beats campaign.

Richardson’s New Collection Takes a Trip to Heaven
Fashion

Richardson’s New Collection Takes a Trip to Heaven

Featuring a range of graphic apparel and accessories.

Watch Pete Davidson Joke About Kanye Drama During 'Netflix Is A Joke' Festival Set
Entertainment

Watch Pete Davidson Joke About Kanye Drama During 'Netflix Is A Joke' Festival Set

Relating the artist to Mrs. Doubtfire.

Take a First Look at the Louis Vuitton x Nike Air Force 1 Retail Collection
Footwear

Take a First Look at the Louis Vuitton x Nike Air Force 1 Retail Collection

Rumored to be exclusive to LV’s VIP customers.

Dmitry Bivol Upsets Saul "Canelo" Alvarez to Retain WBA Light-Heavyweight Title
Sports

Dmitry Bivol Upsets Saul "Canelo" Alvarez to Retain WBA Light-Heavyweight Title

Handing the Mexican boxing superstar his second defeat in 61 bouts.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy.