Economy

Elon Musk’s plans to develop Twitter are already known

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Elon Musk’s takeover of Twitter is complete and the deal is awaiting regulatory approval. There are 44 billion dollars that will change hands and give control of this social network.

There has been talk for some time about what this network will be like from now on and how Elon Musk will manage its existence. Now plans for expected growth have also been announced in another area. They are ambitious and difficult to achieve.



Elon Musk's plans are known

Obviously, with an investment of this size, Elon Musk wants to increase his profits. He wants to make Twitter a source of income that he will add to others he already controls and from which he derives most of his personal wealth.

Of course, for this, Elon Musk has already defined his plans for Twitter, setting goals for the future. This must be sustainable and ensure the long-term profitability of the company in several key areas.

Twitter will have to grow at a rapid pace

Plans that have been revealed in an internal document used to convince investors, it turns out that he wants to increase the number of users, revenues and employees. These are the 3 main elements that are considered.

Especially when it comes to the number of users, Elon Musk was very precise in his ideas. This value should grow and multiply by 4. This is your goal for the coming years, and everyone who is connected with the social network should achieve it.

The financial part of the company will be in the spotlight

Another important area that Elon Musk has shown is recipes. He wants to increase annual revenue to $26,400 million in 2028, five times the $5,000 he closed last year. All this will happen with the reduction of advertising.

These are important goals that may not be easy for Elon Musk to achieve. However, as has been seen in other companies, it should not only be met, but exceeded much sooner than expected.

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