Elon Musk's X still struggles to grow subscription revenue
Technology,Elon Musk,Twitter,Social Media,Business
From the Center
AllSides Media Bias Rating: Center
Elon Musk’s plan to reduce X’s dependence on advertising revenue by increasing paid subscriptions is still not taking off. According to a new, third-party analysis of the X Premium subscription service by app intelligence firm Appfigures, X has pulled in approximately $200 million in in-app purchase revenue across iOS and Android since the original 2021 launch of the subscription formerly known as Twitter Blue. There are some caveats to this figure. For starters, the sum is based only on those purchases made via the mobile app, not the mobile web...
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