Elon Musk's X Struggles to Boost Subscription Revenue
- Elon Musk's X is struggling to increase its subscription revenue, despite efforts to reduce dependence on ad revenue. - Since its 2021 launch, X has generated around $200 million in in-app purchase revenue across iOS and Android. - However, after app store commissions, the net revenue is estimated to be at least $140 million. - Despite the relaunch of Twitter Blue as X in December 2022, the service only brought in $11 million in mobile app subscriptions in the first three months. - X offers three subscription tiers, with the top in-app purchase being X Premium at $11 per month. Source: [Techcrunch]()
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