Musk aims to quintuple Twitter's revenue to $26.4 billion by 2028, New York Times reports

Elon Musk is aiming to increase Twitter's ( $Twitter (Delisted)(TWTR.US)$ ) annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presented by the world's richest man to investors.
Advertising will fall to 45% of total revenue under Musk, down from about 90% in 2020, generating $12 billion in revenue in 2028, while subscriptions are expected to pull in another $10 billion, according to the report.
The head of electric-vehicle maker $Tesla(TSLA.US)$ also aims to increase Twitter's cash flow to $3.2 billion in 2025 and $9.4 billion in 2028, the newspaper reported, citing the presentation.
Musk clinched a deal last month to buy Twitter for $44 billion in cash, in a move that will shift control of the social media platform populated by millions of users and global leaders to the $Tesla(TSLA.US)$ chief.