Pretty sure the company is going to be sold to a private equity firm once it reaches $1b in valuation. There's just no way Musk is going to want to stick around the way things are trending.
Premium tiers are not going to come close to replacing the lost revenue to declining ad spend. Especially when it's in a death spiral with increasingly spammier ads causing a flight of higher quality advertisers. And there isn't the profit to cover debt payments let alone pay for new features like payments that X desperately needs to generate new revenue.
Meanwhile Meta gave a glimpse of the levers it can pull by adding Threads to the Instagram sidebar. Ever closer integration is going to drive hundreds of millions of new users at zero cost.
Premium tiers are not going to come close to replacing the lost revenue to declining ad spend. Especially when it's in a death spiral with increasingly spammier ads causing a flight of higher quality advertisers. And there isn't the profit to cover debt payments let alone pay for new features like payments that X desperately needs to generate new revenue.
Meanwhile Meta gave a glimpse of the levers it can pull by adding Threads to the Instagram sidebar. Ever closer integration is going to drive hundreds of millions of new users at zero cost.