Leaked: Elon Musk's Plans for Twitter, Ambitious or not?

There have been different questions and opinions as to what plans Elon Musk has for Twitter after buying it and some questions are, is it for the free speech he claims he wants or to remove the bots as he proclaimed to die trying to do so, or there’s something else? After seeing this report, I think the purpose was for the money it hopes he can generate from Twitter.

Originally, from findings, reports stated that Elon Musk wants to be able to generate at most $1.3 billion a year of revenue from Twitter by 2028, well that was the initial plan that was led people to believe but unfortunately, behind the scenes, there’s more to just that. There is said to be another document being distributed to the investors of the company that suggests that he wants more than that to be generated.

The document being passed among the investors suggests that Elon wants the payment business that Twitter runs to generate at least $15 million next year and if that happens, then hopefully the growth of Twitter will be massive but if I may ask, why the payment method? But one can only wonder if this can only be possible if crypto will play a major role in the growth as he’s a lover of crypto. Bitcoin playing a major role in the growth of Twitter won’t be surprising because Bitcoin is already being used as a tipping feature for content creators as a means of rewards.

Normally, 90% of Twitter’s revenue is mainly gotten from advertising done by users or companies, but Elon Musk’s plan now is to reduce that margin to half of the percentage by allowing the advertising to generate 45% in revenue while subscriptions and data licensing generate the rest, thereby bringing his new revenue to be generated in 2028 to be $26.4 billion, not the initial $1.3billion. so would that be possible seeing that advertising has always been the major source of revenue?

The only way possible for the subscription and data licensing to turn out more revenues will be from the Twitter blue where users subscribe for $3 a month to get exclusive access to features and other app customizations and this has however been attracting users for quite some time now. According to analysis, they predicted that with the help of Twitter blue, Twitter users will exceed 900 million compared to how it ended in 2021 with just 200 million and only 150 million were really paying the subscription.

The strategy he’s trying to implement is by making the subscription to Twitter blue cheaper and users can pay using the Dogecoin, well I don’t really know if I can call him ambitious or demanding but one thing is for sure and that’s he’s trying to make Twitter bigger than it currently is. And they have been reports that he doesn’t plan on using his personal funds for the development of it, instead, he has been securing funds from different financing deals in the hope of support. If you remember, he got $50o million support from Binance, and also $1 billion from the co-founder of Oracle.

So what would the hope of Twitter be when the development fully starts, will it be greater than before or poor?

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