Multimillionaire Elon Musk, owner of Tesla, SpaceX and X (formerly Twitter), has admitted that he could charge a “small monthly fee” for using the social network. The principal started with the idea that it couldn’t be just another free website.
In a live-streamed conversation with Israeli Prime Minister Benjamin Netanyahu, Musk said he wanted to “move forward with a small monthly fee” to use X, and insisted that this would be the basis for tackling the issue of bots. platform.
“It’s the only way I can think of to combat vast armies of ‘bots. Because a ‘bot costs a fraction of a cent – let’s say a tenth of a cent – but even if you have to pay… a few dollars or something, the ‘bot ‘s true cost is much higher, Musk said, according to TechCrunch.
Elon Musk didn’t say what the monthly fee for using the X was, describing it as a “small amount.”
One of the president’s first initiatives when he bought the social network was the use of a badge for certified Twitter accounts, which he called Twitter Blue, now X Premium.
According to the entrepreneur, X now has 550 million monthly users who generate 100 to 200 million publications every day.
As for paid subscriptions, I don’t divulge the numbers, however, independent research indicates that X Premium doesn’t appeal to the majority of X users, with surveys showing that only 827,615 users pay for the service.
Jean Rhys is a contributor to OE Mag, covering news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that matter to them. Her work highlights relevant stories, emerging trends, and key issues, presenting them in a balanced, accessible, and reader-friendly way.