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Not sure that's the right way to look at it

Premium Telegram users get to try for free, will move to a subscription model

Telegram has 12m premium users up from 4m in 2023, and 1b+ users

Not unreasonable to think a 5% take rate from just premium users at say $10/month extra

Which - at 50% revenue share to GROK - would be a ~$36m a year run rate for Grok

At $36m in this category of AI SaaS that's something like $400 - 500m in enterprise value out of the box



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