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Home Business News

Elon Musk reveals X will charge “small monthly fee” for every user

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
February 8, 2024
in Business News, Twitter
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Elon Musk wants to charge users of X (formerly Twitter) a monthly subscription fee to tackle bots and increase revenue. 

He revealed this during a live-streamed event on X with Israeli Prime Minister Benjamin Netanyahu. 

During the live conversation, Netanyahu talked about the challenge of mitigating large armies of bots that amplify hate speech. 

Musk replied: “The single most important reason we’re moving to having a small monthly payment for use of the X system is it’s the only way I can think of to combat vast armies of bots.”

He said adding a subscription would make it much extremely for bots to create accounts because each bot must register a new credit card. 

He added that X plans to come out with “a lower tier pricing,” than what it currently charges for its X Premium subscribers, which is around $8 monthly. 

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