At the end of May, the CEOSpaceXA contract with management TwitterHe buys Twitter for $ 44 million.
And the British newspaper, the “Daily Mail”, said it would take about six months for the transfer of rights, and that Musk would lay off 1,000 employees.
He points out that the American billionaire will attract thousands of new employees over the next three years, bringing the number of employees to about 11,000 and now stands at 7,500.
That’s what those circles expected Elon Musk Recruitment campaign for young talents in the field of engineering.
Musk, on the other hand, had previously proposed the idea of closing Twitter headquarters San Francisco “In order to reduce costs”, board members will not receive their salaries in the future, which could lead to savings of about $ 3 million.
The 50-year-old Musk has pledged to increase Twitter’s annual revenue by 5 times from $ 5 billion to $ 26.4 billion by 2028.
On the other hand, it is not excluded that the American millionaire will implement his “favorite idea”, which is based on the model. Subscription Instead of being limited to advertiser funding, he believes it will reduce Twitter to advertiser pressure.
Musk advises users to pay their subscriptions in a variety of ways CryptocurrenciesLike “Dogecoin”, the new Twitter owner has long been admired.
Some Twitter users currently pay $ 3 a month to benefit from the Twitter Blue service. The CEO of SpaceX is trying to increase the number of subscribers to this paid service as this number is expected to reach 69 million by 2025.
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