Elon Musk has announced his economic plans for Twitter, a company he acquired a few weeks ago for the modest price of 44 billion dollars.
In a meeting with the company’s investors, Elon believes it could boost company profits to $26.4 billionfive times more than the 5 billion generated in the 2021 campaign.
For it would need the support and approval of investors of the company as well as approval by economic regulators.
Although Elon initially acquired Twitter with the idea of improving the quality of the platform, in pursuit of freedom of expression, and announcing that he did not seek to profit from it, it seems that your plans just got more ambitious.
And it is that the owner of Tesla, among other companies, You have seen a way to also economically improve the future of your new companywith some ideas such as charging a fee to government teams or companies that use Twitter to advertise and reach citizens.
Surely it is not the only way for Mr. Musk to increase the company’s profits by such a large percentage, we only hope that it does not influence an extreme increase in ads in the samebecause that would hinder too much.
These economic plans make a lot more sense seeing how recently the possibility arose that Elon Musk would become the CEO of the company, which it would give him even more capacity to decide the future of Twitter itself.
The company has already said that Elon Musk’s idea with this social network was loaded with good intentions, and in addition, its former CEO and creator of the same, came out publicly to say that he trusts his intentions, showing his total trust towards him. .
But he is also not the only one, since Bill Gates himself recently said that he would not underestimate Elon at all, knowing that he is one of the most capable technology entrepreneurs in the sector to considerably improve the Twitter experience.
We will be waiting to see if Elon Musk meets his economic plans, and we hope to tell you if these really happen, something that would be very very beneficial for the company and that if it also manages to improve its quality, it would show that it did well, although the Most would think not.