Elon Musk may flip the switch to make X — the social network formerly known as Twitter — an entirely subscription-based platform. Musk brought up the idea of charging all users of X/Twi…

I’m not sure if this is technically Technology news, but I can remove this post if it’s in the wrong community

Archive link: http://archive.today/3XM6s

Musk brought up the idea of charging all users of X/Twitter during a wide-ranging conversation focused on AI that featured Israeli Prime Minister Benjamin Netanyahu on Monday. “[We’re] moving to a small monthly payment for use of the X system,” Musk told Netanyahu, claiming that it is the only way to eliminate the problem of bots, as reported by Bloomberg’s Dave Lee.

Musk didn’t mention timing of his plan to charge X/Twitter users, nor did he say how much it would cost.

Musk, who also is CEO of Tesla and SpaceX, has said X/Twitter ad sales have plunged 50% since he bought the company. “We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load,” Musk posted on July 15.

  • Auzy@beehaw.org
    2·
    1 year ago

    He’s probably losing money on it… So, it makes sense for him to kill it, before he digs a deeper hole.

    That being said, he’s an engineer who seriously got angry at cave divers when they told him his sub sucks.

    And I’m willing to bet many of the crappy design decisions for Tesla are made by him too

    So, possible he’s an idiot, but, equally possible, he’s trying to kill it in a subtle way which won’t instantly drive all traffic to a competitor