Elon Musk said companies and governments would soon have to pay “small costs” to use Twitter just weeks after announcing it was buying the platform for $44 billion.
The technology billionaire, the CEO of Tesla and SpaceX, added in a statement late Tuesday that the platform will continue to be free for “occasional users.”
It is unclear how much Musk would like to charge companies and governments or whether certain groups such as nonprofits and journalists would be exempt from any imposed fees.
This report comes from CNBC, and Twitter declined to comment on the statement when contacted by the said source.
Over the years, Twitter has failed to make nearly as much money as other social media platforms like Facebook, Instagram, and YouTube. It seems that this situation will change now.
Twitter is already experimenting with a paid subscription service called Twitter Blue in the U.S., Canada, Australia, and New Zealand that offers additional features.
The premium offer, which costs $ 2.99 per month in the U.S., gives customers access to features such as tweeting cancellations and tagging tweets. Musk said last month that he wanted to lower the price of Twitter Blue and make changes to the service, including introducing an ad ban.
I dunno … seems kinda fungible
— Elon Musk (@elonmusk) May 4, 2022
Musk also said all Twitter direct messages should be end-to-end encrypted so no one can spy or hack user messages.
At the annual Met Gala on Monday, Musk said Twitter must also get rid of bots, trolls, and scams that exist on the platform.
“We don’t want people to be deceived for their money and things like that,” he said.
Musk, who has 90.7 million followers on Twitter, said earlier that he wants to “make Twitter better than ever by improving the product with new features.”
We certainly support Musk in his intention to eliminate unnecessary things and introduce new ones that will also attract people to the platform. Companies and governments will pay the price of this, and ordinary people will only enjoy the platform’s benefits.
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