this post was submitted on 19 Sep 2023
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Speaking in a meeting with Benjamin Netanyahu, the Israeli prime minister, the Tesla CEO and world’s richest person suggested that X was going to charge its user base.Currently, Twitter only charges users for its subscription service X Premium, which offers perks such as a verified account checkmark and costs $11 a month in the US for iPhones and £11 in the UK.
Musk, who has a history of making impromptu statements, did not confirm whether X would definitely push ahead with a charging policy.
Musk has raised the prospect of a paywall as the platform battles an entrenched decline in advertising, its main source of income.
Musk has said an advertiser boycott, spurred by concerns over his leadership of the platform and its management of inappropriate or hateful content, has caused ad revenue to decline by 60%.
Netanyahu said he hoped Musk would find ways within the confines of the first amendment to clamp down on antisemitism and other forms of hatred on X.
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