Credit: Edgar Cervantes / Android Authority
- A report details Elon Musk’s alleged ideas for increasing Twitter profits.
- Monetizing tweets, increasing celebrity interaction, and slashing high-level salaries are some of the ideas.
- Musk allegedly gave these ideas to banks in order to secure billions in funding to purchase Twitter.
The tech world was rocked earlier this week when Twitter’s board officially agreed to sell the social network to billionaire Elon Musk. To secure the nearly $45 billion Musk needed to complete the sale, he went to banks for large loans. The loan agreements asked Musk how he intends to pay them back through Twitter’s profits, which are not-so-secretly relatively low.
See also: How to delete your Twitter account