Frustrated by a lack of advertising revenue, the Twitter tycoon turned to Twitter to promote his satellite internet service firm.
Elon Musk’s SpaceX is said to have purchased a large advertising package on Twitter costing hundreds of thousands of dollars. Twitter will promote SpaceX’s satellite Internet networking company. Elon Musk, the CEO of SpaceX, has paid $44 billion for Twitter, a prominent microblogging network.
The world’s richest man’s aircraft company has now purchased a Twitter advertising campaign in Spain and Australia. To promote the Starlink satellite internet service, a large advertising package was purchased. This commercial is likely to be referred to as a takeover, and one of the ad packages is worth $250,000 or more, according to CNBC.
The advertiser’s brand name will show at the top of Twitter’s main Timeline throughout the day for advertisers who purchase an ad package worth more than $2.5 million. This ad package is only available in Spain and Australia. According to evidence acquired from within the company,
According to CNBC, SpaceX spent over $160,000 on a Twitter advertising campaign for the Starlink service in Spain and Australia.
SpaceX does not generally purchase significant advertising packages on Twitter, according to a Twitter staffer briefed on the news. Elon Musk tweeted hours after it was claimed that SpaceX had purchased a major ad package on Twitter: “SpaceX Starlink has purchased a small ad package in Australia and Spain to test the impact of Twitter ads. This is also true for Facebook, Instagram, and Google.”
Starlink is an Internet service that connects to a network of low-Earth orbit satellites. Starlink was founded to provide high-speed internet connection to places where standard cable and optic fiber infrastructure does not exist.