Elon Musk has been attempting to save the sinking ship that is Twitter, aka X. Since he bought the platform in the historic $44 billion purchase, the billionaire has been unable to resurrect the plummeting finances on the platform. Musk faced a heavy loss of advertisement revenue when the advertisers fled from the platform in October 2022.
However, Elon Musk has devised many policies and features to compensate for the lost advertising revenue. The Tesla owner started an $8/month subscription plan. In the initial days, he urged his team to create a revenue stream like YouTube. While he is still facing further plummeting advertising revenue, he urged famous content creators like Mr. Beast to upload their content on X. After initial refusal, the mega YouTuber has made his debut on X.
Elon Musk Reacts To Mr. Beast Posting A Video On X
There is no opportunity that the X-owner, Elon Musk, has missed to stabilize the revenue of X. In 2023, after Tucker Carlson was fired from Fox News, Musk invited him to conduct his segment on X, promising ad-revenue sharing.
My videos cost millions to make and even if they got a billion views on X it wouldn’t fund a fraction of it :/
I’m down though to test stuff once monetization is really cranking!
— MrBeast (@MrBeast) December 30, 2023
Recently, Elon Musk also asked Mr. Beast, the famous YouTuber, to release his content on X. However, he refused to do so due to low monetization opportunities, but Mr. Beast did not completely refuse the offer. He wrote, “I’m down though to test stuff once monetization is really cranking!”
$1 Car vs $100,000,000 Car!!!
I’m curious how much ad revenue a video on X would make so I’m reuploading this to test it. Will share ad rev next week ❤️ pic.twitter.com/amSSmddFht
— MrBeast (@MrBeast) January 15, 2024
Jimmy Donaldson, aka Mr.Beast,t has finally uploaded a video to test the ad-revenue system of X. He uploaded the $1 Car vs $100,000,000 Car video on X. Jimmy wrote, “I’m curious how much ad revenue a video on X would make so I’m reuploading this to test it. Will share ad rev next week.” To this, Musk quoted, “First MrBeast video posted directly on X!”
In Case You Missed: Which Video Of MrBeast Has A Score Composed By Hans Zimmer?
The YouTuber Wanted To Become The CEO Of X
Elon Musk, in 2022, was going through a crisis to appoint a new CEO, so he could overlook other ventures like Tesla. During the hunt for the new CEO, Mr. Beast shot his shot to get a job as the CEO of Elon Musk’s X. He wrote, “Can I be the new Twitter CEO?” Musk replied, “It’s not out of the question.”
It’s not out of the question
— Elon Musk (@elonmusk) December 22, 2022
Elon Musk was searching for a candidate who could stabilize the decreasing advertisement revenue on X. He finally found Linda Yaccarino, the former head of global advertising at NBCUniversal, as the new CEO.
I am excited to welcome Linda Yaccarino as the new CEO of Twitter!
@LindaYacc will focus primarily on business operations, while I focus on product design & new technology.
Looking forward to working with Linda to transform this platform into X, the everything app. https://t.co/TiSJtTWuky
— Elon Musk (@elonmusk) May 12, 2023
During the announcement, the billionaire wrote, “@LindaYacc will focus primarily on business operations, while I focus on product design & new technology.”
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