In 2021, Twitter posted revenue of $5 billion.
Twitter also reported 199 million monetizable active users per day.
It is expected that by 2023 the number of people using the platform could exceed 340 million.
The technology industry continues to generate news and all this after Elon Musk completed his acquisition of the social network Twitter. Recently, it was revealed that the Saudi billionaire prince, Al Waleed Bin Talal, becomes the second largest shareholder of Twitter.
This past October 27, one of the most relevant sales of this year for the technology industry was closed. The agreement is for 44 billion dollars from the tycoon of South African origin, which he decided to accept, after a “novel” of six months during which Musk tried to back down and Twitter sued them to enforce the terms of his purchase.
The acquisition of Elon Musk ends Twitter’s nearly nine-year history as a Wall Street-listed company, after it went public in November 2013.
Without a doubt, the digital platform continues to be one of the favorites of users around the world. That is why it is among the most famous social networks in the world, where according to data from your report, It posted total worldwide revenue of more than US$5 billion in the last fiscal period, up from US$3.72 billion a year earlier.
Saudi prince joins Musk
Recently, it was revealed that the Saudi billionaire, Al Waleed Bin Talal, one of the owners of Twitter, joined the new private company of the social network announced by the CEO of Tesla and SpaceX, Elon Musk, after acquiring the microblogging site. most famous in the world.
Through a statement, the Kingdom Holding Company (KHC) and the private office of Prince Al Waleed Bin Talal, announced the transfer of their participation in the current shares of Twitter, which amount to 34 million 948 thousand 975 shares valued at 1,890 million dollars, to the new Twitter company led by Musk.
“Dear friend ‘Chief Twit’, Elon Musk, together all the way,” said Al Waleed on his Twitter account, after Musk himself announced the acquisition of the social network.
In that sense, this operation makes him the second largest shareholder after Musk of the social network.
Following the purchase, Musk said the platform should be “warm and welcoming for everyone” and suggested it could allow users to “choose the desired experience according to their preferences, just as they can choose, for example, to watch movies or play video games. ”.
In conclusion, this panorama gives a new direction to one of the most followed news in recent months, since it involves one of the most famous social networks and one of the most controversial businessmen.
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