Elon Musk has indicated that X, formerly known as Twitter, is preparing to charge all users for accessing the platform.
The X owner said erecting a paywall around the business would ward off the bots, or automated accounts, that have become a bugbear for Musk.
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.
Obviously it depends on the price, but maybe 10% of a free userbase will be willing to pay. The problem is, that userbase is coming to the platform mostly for rapid news and celebs. Will it still be the best place for rapid news with a 1/10th of the userbase? Will celebs want to stay on the platform when their reach is reduced to 1/10th? I think this likely just starts a death spiral that substantially shrinks the userbase.
yeah that’s probably more likely - eventually I’d imagine that the assets/IP would be sold off to the highest bidder, much as any other failed tech company. it’s a pretty common ending.
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