Elon Musk continues to look for how to monetize X, the old Twitter. Her latest plan of his? Start charging all your users.
It would no longer be just charging for having the verification badge, or for having advertising on the social network. It is asking for money to use it.
Is the definitive end of the social network? We don’t know, but it is a step that can drastically reduce the number of users.
Musk has been direct when talking about economic figures on the old Twitter, today X. He bought the company last October for $44 billion, but the numbers are not in his favor: advertising sales on the social network have fallen 50% since the purchase, also influenced by the billionaire’s erratic character.
Now it comes this step that continues to sow doubts among its users.
The information emerged during a meeting with the Prime Minister of Israel, Benjamin Netanyahu. Elon Musk is touring several countries around the world, promoting his companies.
“We are moving to a small monthly payment for the use of system said Elon Musk, quoted by Bloomberg’s Dave Lee.
Musk added that it is a measure that adds to “eliminate the presence of bots on the site.”
Elon Musk revisiting an idea apparently floated privately in the past — charging *everyone* to use Twitter. A lower tier than premium. “We’ve moving to a small monthly payment for use of the X system,” he just told Benjamin Netanyahu, saying it’s only way to stamp out bots.
— Dave Lee (@DaveLeeBBG) September 18, 2023
The company has not confirmed the possibility, and evidently there is not even any established price. But let’s remember that this is how the charge for the verification badge arose, which would end up being a monthly payment of 8 dollars.
This has not been corroborated by Elon Musk either. The tycoon referred to the conversation with Netanyahu, but focusing on the topic on Artificial Intelligence and its dangers.
It is expected that more information will emerge in the coming days, but… What will happen if everything materializes?