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Elon Musk Suggests He Will Charge All X/Twitter Users a Fee to Be on the Platform (variety.com)

submitted 1 year ago by UrLogicFails to c/technology

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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.

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[–] miracleorange 45 points 1 year ago

Please remember that SpaceX and Tesla have entire teams dedicated to handling Elon and reversing his decisions. Twitter did not have the infrastructure required to handle the sheer level of stupid that is Elon Musk.