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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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1mo ago
CuriousSaucy
CuriousSaucy
Capgemini1mo

Anyways, as long as @Elon_Musk uses the platform for election manipulation to boost revenue for his other businesses then X will continue to survive regardless revenue boost.

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