Twitter (Now ‘X’) Could Implement Subscription Fees for All Users

“We’re moving to having a small monthly payment for use of the system,” Musk said.

Musk mentioned that setting up bots costs very little, just a tiny fraction of a penny. He suggested that if they increased the cost of having an account to “a few dollars or something,” it could discourage people from creating these automated bots.

He also pointed out that making a new bot would require a new payment method each time, making it less convenient for bot creators.

However, it’s important to note that Musk didn’t confirm whether X would definitely go ahead with this charging idea. X has not provided any further details about this.

Musk also mentioned that X currently has 550 million people using it every month, and they make up to 200 million posts a day. Before Musk bought the company in October 2022, they measured their user base differently, using something called “monetisable daily active users,” which was at 238 million.

The idea of a paywall is being considered because X is facing a decline in advertising, which is its main way of making money. Musk has mentioned that there has been a significant drop in ad revenue, about 60%, due to concerns about his leadership and how the platform handles inappropriate or hateful content.