According to reports, a number of people familiar with the matter said today that Elon Musk, CEO of Tesla, told investors that if they supported his acquisition of twitter for $44 billion, he was very confident that they would get 2-3 times the return on investment, that is, 2-3 times the amount of investment. A person who has heard of Musk's recommendation said that at the meeting with investors, musk even said that if everything goes well, they may get a return on investment of 5 ~ 10 times.
Last night, Ron Baron, CEO of Baron capital and one of Tesla's largest shareholders, also said that musk acquired twitter at an "incredibly low price" and would receive about three times the return in the next few years.
"If successful, I expect returns of two to three times or more over the next four to five years. Given Twitter's poor operation, such an acquisition price is really cheap, even incredible," Barron said
In order to finance the acquisition of twitter, musk announced on April 21 that it had obtained a financing commitment of $46.5 billion. Last night, MAS obtained another financing commitment of US $7.1 billion. Investors include coin security, fidelity and Oracle founder Larry Ellison.
Musk also told investors that he could double the number of Twitter users (daily active users) to more than 500 million by 2025, according to people familiar with the matter. Meanwhile, it will more than double Twitter's revenue and add tens of millions of paying users.
Musk previously said in a tweet (now deleted) that Twitter might launch a subscription service. This means that people can get a blue "verification" mark (blue V certification) without having to see advertisements on the platform.
In addition, musk also said in another tweet that Twitter may charge "minor fees" for using the service from government and business users. He added that Twitter would always be free to "ordinary users".
In addition, musk also told investors that he would be CEO of twitter for some time. Last night, it was reported that musk would temporarily serve as CEO of twitter for several months after the acquisition.