Jon’s Newsletter • 79 implied HN points • 30 Oct 22
- Elon Musk wants to make Twitter more like subscription services such as LinkedIn and YouTube. He sees a future where Twitter earns up to $10 billion from subscriptions by 2028.
- Currently, Twitter relies heavily on advertising for its income, but Musk is looking to change that. He plans to reduce the ad revenue percentage from over 90% to around 45%.
- If Musk's plans succeed, Twitter might go public again. Some experts think this could happen as soon as 2026, and the company's value could rise significantly.