Elon Musk says X will soon require users to pay a monthly fee to use the platform. Musk made the statement during an event broadcast live on X with Israeli Prime Minister Benjamin Netanyahu.
According to Musk, the company is struggling to regain trust with advertisers, especially after its US ad revenue dropped 60 percent earlier this month. During the conversation, Netanyahu challenged the massive armies of bots that also amplify hate speech.
“We’re moving to a small monthly payment for using XSystem, which is the single most important reason I can think of as the only way to combat vast armies of bots,” Musk replied.
He believes that adding a subscription would make it difficult for bots to create accounts because a credit card registration would be required each time. He says the company will come with a “lower price point” compared to its premium subscription of $8.
(translation of tags)X