Elon Musk introduces fee for new users to tweet on X/Twitter
Elon Musk announced that new users on his social media platform X (formerly Twitter) will have to pay a fee to tweet in order to combat bots. The platform has faced criticism for spam accounts and lost significant value since Musk's acquisition in 2022.
Key Points
- New users must pay a small annual fee to post, like, bookmark, or reply to tweets
- X/Twitter has lost significant value and ad revenue since Musk's acquisition
- Musk's response to advertiser exodus was controversial
Pros
- Curb the relentless onslaught of bots on the platform
- Potential revenue-generating move for X/Twitter
Cons
- May discourage potential new users from signing up
- Platform has struggled to combat spam accounts despite previous promises