Following Twitter’s acquisition, Elon Musk stated several times that the social media platform would charge $8, and it now appears that the microblogging site will not be free for anyone. Musk, who fancies himself a supporter of free speech, has discussed putting the entire site behind a paywall, according to Platformer.
Meanwhile, some employees believe the economics of its soon-to-relaunch Twitter Blue subscription may actually cost the company money. All of this occurred against the backdrop of a company that has yet to receive any official communication from Musk, whether via email or a companywide meeting.
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Musk and David Sacks discuss Twitter subscription: Report
Moreover, according to media reports, Musk had conversations with venture capitalist David Sacks that could change the website’s future. A source told Platformer that the two have recently discussed allowing everyone to use Twitter for a limited amount of time each month before being prompted to pay for a subscription.
Musk paid a staggering $44 billion for the company, and he is now trying to make some money and get rid of fake accounts. He has garnered attention for his humorous announcements that have worried Twitter users. He has so far revealed a number of contentious new features that might or might not be implemented in the near future. As Musk celebrates his newfound control of the business, Twitter plans to start charging $8 per month for blue verification badges. In addition to paid verification, anonymous sources told Bloomberg that Twitter may roll out the edit function to all users. As of now, it is only going to be available to Twitter Blue subscribers, who would pay $8 per month.
These reports come at a time when Musk is being sued for his intentions to fire about half of the company’s workforce. According to the New York Times, the company laid off 3,700 out of its 7,500-person workforce.
Bloomberg reports that employees claim they did not receive adequate notice, which according to them violates both state and federal law. In addition, it has been reported that important team members who worked on the US elections and content moderation have been let go just days before the midterm elections.
