Since the billionaire made his presence known to the entire world, there hasn’t been a day on the Internet when he wasn’t talked about. Whether it is his brilliant self-driving cars, the bewildering name he gave his son, or SpaceX, Elon Musk knows how to get people talking. His recent acquisition of Twitter is no less of a hot topic either.
Just a few days ago, Elon Musk received backlash from Twitter users and celebrities alike, when he announced an $8 monthly fee for the blue verification tick. Even author Stephen King couldn’t believe it! Well, he is yet again in discussions as he plans to make the entire social media platform accessible only after a fee.
Elon Musk Plans on Putting Twitter Behind a Paywall
Twitter, just like any other social media platform, has been free to register and use for people everywhere. Well, that might be changing very soon as Elon Musk is now sitting at the head of the table over at Twitter headquarters. According to Platformer, Musk is planning to put the entirety of Twitter behind a paywall. This is different from Twitter’s subscriptions and the $8 fee. Users will have to have a paid subscription to even access the platform, should Musk go through with the idea.
Reportedly Musk and his adviser, David Sacks, have discussed the idea in recent meetings. This plan of putting up a paywall could include allowing users to access Twitter for a limited time each month. However, after their time is up, they must reach into their pockets and pay for a monthly subscription. This is another one of Musk’s attempts to monetize the platform.
Ex-employees have put Musk on blast saying that the business fundamentals are just not there. However, as we all know by now that it is either Musk’s way or the highway and thus, if he plans on setting up the paywall, then consider it set already.
As for when, how, and how much, users will have to wait for any more updates since the Twitter team hasn’t made any official statements yet.
Twitter Users Have Had It With Musk!
Twitter users’ disappointments and worries certainly do not come as a surprise. While some might not have a problem signing up for a subscription, a majority of users feel differently. As soon as rumors found their way to the public, people took no time and expressed their opinions on the platform.
Whether this would be a good step for Twitter or not can only be answered if the paywall actually becomes a reality. However, with major advertisers pulling back from Twitter and the platform facing a huge debt burden, it is quite possible that Musk is currently racking his brain as Twitter explodes with concerns.
Twitter users better get all their opinions out in the open before the serial entrepreneur decides to go through with his plan.
Source: Twitter