Billionaire also says platform has 550 million monthly users generating up to 200m posts a day

Elon Musk has indicated that X, formerly known as Twitter, is preparing to charge all users for accessing the platform.

The X owner said erecting a paywall around the business would ward off the bots, or automated accounts, that have become a bugbear for Musk.

Speaking in a meeting with Benjamin Netanyahu, the Israeli prime minister, the Tesla CEO and world’s richest person suggested that X was going to charge its user base. Currently, Twitter only charges users for its subscription service X Premium, which offers perks such as a verified account checkmark and costs $11 a month in the US for iPhones and £11 in the UK.

  • TWeaK@lemm.eeEnglish
    2·
    1 year ago

    I think this is really merely the latest in a continued assault against Twitter and free mainstream social media. They tried to make their own services that directly competed (eg Parler), they failed, so now they’ve bought Twitter with a leveraged buyout. Either Twitter becomes what they want it to be, and they invest further to cover the $13bn debt, or Twitter dies from the debt (which would not have existed without the buyout). With the current value of Twitter being estimated at less than this debt, the latter seems much more likely now.