X owner Elon Musk has been making huge changes in Twitter for some time now. The name of Twitter has also been changed to ‘X’. And now, it seems that he is thinking of another big change. If the recent news are true, Every user has to pay money to use X.
Elon Musk said that in order to use Twitter, he is thinking of making changes in such a way that the user pays a small amount of money every month. He believes that this is a good solution to the problem of bots in X.
According to Musk, bots in X have become a big problem. They can be reduced with monthly payment process. However, charging money from users like this is not a new idea for Twitter. Last year. Elon Musk mentioned this matter.
Currently X has 550 million monthly active users. 100-200 million posts are created daily. As Elon Musk said, even if he charges ‘a small amount’, there is no doubt that it will bring huge profits to X.
Twitter’ revenue has been falling for the past few years. Musk himself said that the ad sales are down by 50 percent. In this background, if a subscription based system is adopted, it seems that there is a possibility of increasing the company’s income.