Elon Musk's Bold Plan to Monetize X Users with a $1 Fee

1 min read
Source: Slate
Elon Musk's Bold Plan to Monetize X Users with a $1 Fee
Photo: Slate
TL;DR Summary

Elon Musk's plan to charge new users $1 per year to tweet or retweet on Twitter, under the guise of fighting bots, is seen as a flawed strategy that won't effectively combat spam. Instead, it is believed that Musk's true intention is to get users accustomed to paying for services on Twitter, as he aims to transform the platform into an "everything app" similar to WeChat. However, the success of this vision is uncertain due to the dominance of Apple and Google in the American market, which take a significant cut of in-app transactions.

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