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Friday, February 3, 2023

Elon Musk tries to hide Twitter advertisers exodus by paying himself

In the coming days, every time we open Twitter, we will see a SpaceX ad in Spain. the reason? The money that Elon Musk’s company has invested in another Elon Musk company.

SpaceX, Elon Musk’s aerospace company that spends its days sending astronauts and satellites into space, has commissioned one of the biggest promotional packages ever for it. Twitter In the history of Blue Bird’s company.

The social network you just bought Elon Musk And which cost $44,000 million, has lost a lot of advertisers in the last week due to the decisions taken by the new CEO.

The campaign will promote the satellite internet service called Starlink, which is owned and operated by spacexon Twitter in Spain and Australia, as announced by the American medium CNBC.

The ad campaign that SpaceX has bought to promote Starlink has been called a Twitter “acquisition”. When a company buys one of these packages, it usually spends more than 250,000 euros. To keep your brand at the top of Twitter timeline for the whole day.

Investing in Twitter to reduce advertiser flight

Users should see Starlink messages the first three times they open the Twitter app on the day(s) of the planned campaign in Australia and Spain. The campaign, which was purchased last week, should begin rolling out between today and tomorrow.

With dozens of big companies taking off under new CEOs, Musk is now in a position to find financing from anywhere. General Motors, Coca-Cola, Nintendo, Apple, McDonald’s and other giants have decided to leave.

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and a campaign even a big one like a “Inauguration, Not enough to compensate the many advertisers who recently halted spending on TwitterOr who’s run off the stage during Musk’s awkward inauguration.

Advertising company Interpublic Group advised its agency clients to do the same. And that’s a problem for Elon Musk, because Twitter makes about 90% of its revenue from advertising, It doesn’t look like Twitter Blue is going to recoup that lost money.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
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