After the closure of the deal, Musk is expected to become Twitter's temporary CEO, a person familiar with the matter told Reuters on Thursday.
Among his other goals, Musk expects the social media company to bring in $15 million from a payments business in 2023 that will grow to about $1.3 billion by 2028, the NYT cited the document as saying.
Musk anticipates he can increase Twitter's average revenue per user to $30.22 in 2028 from $24.83 last year, it added. He also expects Twitter to have 11,072 employees by 2025, up from around 7,500.
Revenue from Twitter Blue, the company's premium subscription service launched last year, is expected to have 69 million users by 2025, the NYT reported.
Musk, in a now deleted tweet last month, suggested a raft of changes to the social media giant's Twitter Blue premium subscription service, including slashing its price.
On Thursday, Musk listed a group of high-profile investors who are ready to provide funding of $7.14 billion for his Twitter bid, including Oracle co-founder Larry Ellison and Sequoia Capital.
Musk has increased the financing commitment to $27.25 billion, which includes commitments from 19 investors, and reduced a margin loan from Morgan Stanley tied to his Tesla stock to $6.25 billion. He has already secured commitments for $13 billion in loans against Twitter shares.
Musk could not be reached for comment. Twitter did not immediately respond to a Reuters request for comment.
SOURCE: CNN
IMAGE SOURCE: CNBC
