Elon Musk says X users will soon have to pay 'small' monthly fee

File picture

Elon Musk has announced plans to introduce a subscription model for users of social media platform X, formerly known as Twitter, in a bid to tackle "vast armies of bots".

During a live-streamed discussion with Israeli Prime Minister Benjamin Netanyahu around the risks of artificial intelligence, Musk said a paywall would help the social media platform counteract the proliferation of bots.

While he did not disclose details about the subscription cost, he did reveal that the platform boasts 550 million "monthly users" who generate between 100 million to 200 million daily posts.

Musk, who also owns Tesla and SpaceX, acquired Twitter for around $44 billion in late October.

He introduced an $8 monthly subscription fee for users for a verified blue tick, a 50% reduction in adverts, prioritised post rankings and the ability to post longer text and video messages. 

More from Business

Coming Up on Dubai Eye

  • Extra Time

    7:00pm - 8:00pm

    Chris & Robbie bring you the latest from the sporting world plus interviews with upcoming and legendary sporting stars.

  • The Night Shift with Mark Lloyd

    8:00pm - 11:00pm

    Musicians and music, entertainers and entertainment, industry gossip and songs selected by you, get ready to bring your night time to life! Every evening from eight, Mark Lloyd brings you an energetic mix of local and international content and contests, featuring an array of celebrity interviews and entertaining anecdotes. Get involved in the show and pick your favourite jukebox hits, every night from 8pm - 11pm.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.