Twitter will quickly be charging a month-to-month charge for all customers, regardless of their verification standing.
Elon Musk confirmed the information throughout a dialog with Israeli Prime Minister Benjamin Netanyahu, which he livestreamed for his followers. In the course of the chat, the Tesla founder shared his plans to fully transition Twitter, also referred to as X, to subscription solely.
“[We’re] shifting to a small month-to-month fee to be used of the X system,” he mentioned, explaining that that is essential to maintain bots off the app.
Twitter already has a subscription tier, Twitter Blue or X Blue, that provides its consumers a verified checkmark subsequent to their usernames and the flexibility to edit their tweets. Nevertheless, it must be clarified if the brand new month-to-month charge will probably be priced otherwise and when it can start. It is usually unknown if everybody will now be given a blue verify after paying and have the flexibility to vary their posts.
In the course of the chat with PM Netanyahu, the tech founder mentioned that Twitter was now as much as 550 million month-to-month customers, who tweet between 100 and 200 million posts every day, CNBC reviews.
Whereas Musk claims making customers pay for the app will remove faux accounts, it might be simply one other cash seize. The subscription service was a method of bringing in income after a tumultuous acquisition in 2022. As of July 2023, the advert income noticed a 50% dip. Musk has just lately resorted to paying creators within the Twitter Blue subscription for tweets that get excessive engagement. This has been an incentive of types to get extra customers to buy the month-to-month service, beginning at $8.
Twitter customers, will you pay to proceed tweeting?