RT International Earlier, the Telegram co-founder announced that his platform had turned its first profit since monetization
SpaceX and Tesla CEO Elon Musk has offered some words of praise to Telegram co-founder and CEO Pavel Durov after the Russian entrepreneur’s company turned a profit for the first time in its three-year history of monetization.
Durov announced the news in an X post on Monday. Describing 2024 as a “very successful year,” he explained that the privacy-focused messaging app made more than $1 billion in revenue this year, and that “we are closing the year with more than $500 million in cash reserves, not including crypto assets.”
“Well done,” Musk responded under Durov’s post.
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