New Delhi: Elon Musk is currently in the limelight over the Blue Tick charge. According to Specs X founder and Tesla CEO Elon Musk, Twitter users who want the Blue Tick will have to pay a monthly charge. In the recent Blue Tick rule by Elon Musk, it has been clarified that users will no longer be given Blue Tick for free. If you want to keep Blue Tick, you will have to pay 8 dollars per month which is about 660 rupees. But, how much money Elon Musk is going to earn from the amount of 8 dollars, know the details.
Understand the plan
According to media reports, Twitter currently has 420,000 verified accounts. Which is only 2 percent of the 240 million active users. Elon Musk tweeted a few days ago and gave a clear indication that if you want to keep Blue Tick, you have to pay 8 dollars or 660 rupees per month. According to this calculation, Twitter can earn Rs 27 crore 76 lakh 20 thousand per month from 4 lakh 20 thousand Blue Tick users. This figure of revenue can be 33 crore 14 lakh 40 thousand rupees in a year.
Musk’s focus on paid revenue
According to media reports, the total revenue of the company was 5 billion dollars last year in 2021. Which was 35 percent more than in 2020. This figure of $5 billion includes advertising revenue. Now that Elon Musk has taken the reins of Twitter, he will not only rely on ad revenue, but his focus is on paid revenue.
Work is going on to increase revenue along with cost cutting
After acquiring Twitter for $44 billion, the company’s new boss Elon Musk is focusing on cutting costs. After Elon Musk took over, many of the company’s top executives were fired. A deadline has also been given to the employees. As a result, some other employees may lose their jobs.