Elon Musk's plan to make big money failed! 300 crore rupees drowned - Newztezz Online

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Saturday, April 22, 2023

Elon Musk's plan to make big money failed! 300 crore rupees drowned


Elon Musk's plan behind bringing Twitter Blue Tick subscription was to earn above Rs 300 crores, but now it seems that this plan of Musk seems to be failing.

After buying the microblogging platform Twitter , Elon Musk made many major changes in the company such as laying off people for cost cutting and new features for Twitter and Blue Tick's subscription plan etc. But now it seems that Elon Musk's dream of earning big money through Twitter Blue Tick subscription is not going to be fulfilled because most of the Twitter users did not pay for the Blue Tick, due to which the users' Blue ticks have started to disappear. Not only this, Twitter has also taken away the blue ticks of many big personalities of Bollywood.

Blue ticks were snatched from these big personalities

The big celebrities from whose Twitter account Twitter has removed the blue tick include Salman Khan, Alia Bhatt, Ranveer Singh, Anushka Sharma, Deepika Padukone and Shahrukh Khan, among others.

(Photo Credits - Twitter/Salman Khan & Shahrukh Khan)

After cost cutting, Elon Musk's plan was to earn big money and for this Musk had started Blue Tick subscription for the users but the number of people who buy Blue Tick is very less as compared to those who do not buy Blue Tick.

(Photo Credits - Twitter/Ranveer Singh & Deepika Padukone)

Musk's plan was to earn big money every month from users because when Blue Tick was announced a few months ago, it was mentioned in the reports that the company has 4 lakh 20 thousand accounts which are verified. .

What is the dream of 300 crores getting shattered?

Android and iOS users have to pay Rs 900 per month, on the other hand, Blue Tick charges Rs 650 per month for web users. If an Android or Apple user buys an annual plan in one go, then instead of Rs 10,800, they have to pay Rs 9,400. At the same time, web users take an annual plan together, then the expenditure for 12 months is Rs 6800.

If seen according to this, Elon Musk had a plan to earn 37,80,00,000 (37 crore 80 lakh) every month from Android and iOS users. There, there was a plan to earn 27,30,00,000 (27 crore 30 lakh) every month from web users.

Accordingly, the figure of earnings in a year from Android and iOS users was 4,53,60,00,000 (453 crore 60 lakh) and from web users was 3,27,60,00,000 (327 crore 60 lakh).

Some time ago Elon Musk had announced that now the blue ticks of any user who has not paid for the blue tick will be taken away and this process has started now. This is also an indication that most Twitter users are not interested in buying blue ticks, due to which Musk's plan to earn more than 300 crores seems to be failing.

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