Elon Musk strongly defended himself against allegations of anti-Semitism, opening the discussion with, ‘Clearly I am against anti-Semitism. I am against anything that promotes hatred and conflict.”
If you are also a user of X (formerly Twitter), then there is big news for you. Elon Musk has said that a minimum amount will be charged from X users every month. Elon Musk said these things in an interview with Israeli Prime Minister Benjamin Netanyahu, although he did not tell how much money would be charged to users every month for using X.
Elon Musk strongly defended himself against allegations of anti-Semitism, opening the discussion with, ‘Clearly I am against anti-Semitism.
Musk is increasingly at odds with the Jewish civil rights group Anti-Defamation League (ADL), which he accuses of undermining X’s advertising revenue. Musk threatened to sue ADL earlier this month for liking X posts that used the “banthADL” hashtag.
During his conversation with Netanyahu, Musk said that
Let us tell you that Elon Musk is already taking money from users for Blue Tick. Elon Musk has also made blue tick mandatory for earning from X.
This development signifies a significant shift for X, as it may transition into a paid platform accessible to users willing to subscribe. Elon Musk’s decision to implement this change is primarily driven by the substantial presence of bots on the platform. He believes that introducing a payment requirement will deter bots from proliferating and exerting undue influence.
It’s worth noting that Musk plans to offer not only a premium subscription but also a lower-tier pricing option, making the platform accessible to a broader range of users.
This move aligns with Musk’s broader efforts to improve the financial performance of X. Historically, the platform has struggled to generate profits, with Musk indicating that revenues have declined by more than 50%. Factors contributing to these challenges include limited advertising opportunities and the burden of substantial debt inherited from the previous management.
Elon Musk’s decision to potentially turn X into a paid platform is driven by the need to combat bots and address the platform’s financial challenges. By offering both premium and lower-tier subscription options, he aims to strike a balance between profitability and accessibility.
Elon Musk’s influence on Twitter has been undeniable since he assumed control of the platform in October last year. He has introduced significant changes to the platform’s appearance and functionality, including rebranding it as X. Musk has also expanded the premium service on X to more countries, offering features such as verified badges, an edit post button, and the option to hide likes.
Musk’s recent statement about potentially making X a paid platform for all users signals a significant shift. While this isn’t the first time he has mentioned this possibility, it suggests that the change may be imminent. This decision aligns with Musk’s track record of making bold and swift moves.
If X were to become a paid platform for all users, it could have a substantial impact on its user base, particularly in countries like India. Currently, X offers a premium service that comes with a monthly cost, which varies depending on the region. For instance, in India, X Premium on Android costs as much as Rs 900 per month, while using the service via the web costs Rs 650 per month.
The shift to a paid model for all users could lead to a decrease in X’s user base, especially in regions where cost-sensitive users may be less inclined to pay for social media services. However, the move could also help reduce the influence of bots on the platform, as Musk has suggested. Ultimately, the transformation of X into a paid platform would be a significant development that could reshape the social media landscape.