Business

Musk expects that he can help boost Twitter’s average revenue per user to $30.22 in 2028, which is an increase from the $24.83 seen last year.

“We were surprised given what we’re hearing about how many employers are requiring workers to come back full time,” said Robin Erickson.

Elon Musk himself has said he would provide the remaining $21 billion in equity, but where it comes from is still unknown.

Twitter’s revenue clocked in at $1.2 billion compared to the expected $1.23 billion based on a survey of analysts at Refinitiv.

The dip in revenue is likely being caused by companies decreasing their ad spending due to growing inflation and Russia’s invasion of Ukraine.

Perhaps as soon as today, Twitter may announce that it has agreed to sell the company to the billionaire for around $43 billion, or $54.20 per share.

On Sunday, the billionaire provided financial details into his $43 billion offer to purchase the company, which appeared attractive to the company’s board.

Through the new policy, Target employees will have a choice in their weekly schedule and will not have a set requirement for time in the office.

While the richest person in the world seeking debt financing may seem paradoxical, much of his $261 billion fortune appears to be wrapped in Tesla’s stock.

The prediction expects that business travel this year will stay 23% below 2019 levels, equating to around a $20.7 billion loss.