(CMR) Elon Musk has announced that users of X, formerly Twitter, may soon be charged a monthly fee to use the social media platform.
In an interview with Israeli Prime Minister Benjamin Netanyahu, Musk said he was considering charging “a small monthly payment” to all users in an effort to “combat vast armies of bots.”
“We want it to be a small amount of money. This is a longer discussion, but in my view, this is actually the only defense against the vast armies of bots,” Musk said.
Musk said earlier this month that U.S. ad revenue was down 60% for the platform. He blamed the loss of revenue on civil rights and consumer groups putting pressure on big brands.
Musk said adding a subscription would make it much more difficult for bots to create accounts, because each bot would need to register a new credit card. The company plans to come out with “a lower tier pricing,” than what it currently charges for its X Premium subscribers, which is around $8 monthly.
- Fascinated
- Happy
- Sad
- Angry
- Bored
- Afraid