Elon Musk's social media platform, X, formerly known as Twitter, has yet another significant announcement. They are contemplating charging $1 (Rs 83) annually for access to their basic features.
Starting today, we're testing a new program (Not A Bot) in New Zealand and the Philippines. New, unverified accounts will be required to sign up for a $1 annual subscription to be able to post & interact with other posts. Within this test, existing users are not affected.— Support (@Support) October 17, 2023
Elon Musk believes it's a strategy to combat the issue of spam and automated bot accounts on the platform. They are presently piloting this new feature in New Zealand and the Philippines.
Existing platform users will not be affected by this new policy. However, new users who opt not to pay will be restricted to reading posts, watching videos, and following accounts, without the ability to create their own posts.
Managing bots has been a primary concern for Elon Musk since acquiring the company last year. In July, X imposed restrictions on the number of tweets users could view to ensure the authenticity of users.
Name is changing to XPro. Will come with a wide range of psy op plugins.— Elon Musk (@elonmusk) July 28, 2023
We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.— Elon Musk (@elonmusk) July 15, 2023
Musk's acquisition of Twitter, now rebranded as X, brought about significant transformations.
Existing X Pro subscribers will not be required to pay the additional $1 annually.