Elon Musk says a low-cost subscription to use X, formerly known as Twitter, would curb bots on the platform. Reuters
Elon Musk says a low-cost subscription to use X, formerly known as Twitter, would curb bots on the platform. Reuters
Elon Musk says a low-cost subscription to use X, formerly known as Twitter, would curb bots on the platform. Reuters
Elon Musk says a low-cost subscription to use X, formerly known as Twitter, would curb bots on the platform. Reuters

X could make users pay 'small' monthly fee, Elon Musk says


Patrick deHahn
  • English
  • Arabic

Elon Musk on Monday suggested that X, formerly Twitter, may soon require users to pay a “small” fee for the social media platform.

X is “moving to having a small, monthly payment for use of the X system", Mr Musk said during a live broadcast of a discussion with Israel Prime Minister Benjamin Netanyahu.

Mr Musk said the move is seemingly the best way “to combat vast armies of bots”.

He did not say how much a low-tier subscription could cost, or when it would be introduced.

Mr Musk said he believed that charging for use would curb people who create fake or bot accounts that post misinformation, propaganda and scams.

Currently, the website and app are free for everyone to use while some members pay $8 a month for the X Premium service, which gives priority to their posts and a blue tick on their profiles.

“We’re wanting it to be just a small amount of money,” Mr Musk said. “It’s a longer discussion …”

Most social networks are free to use. In return, the platforms harvest troves of user data and use this to display ads.

Mr Musk bought Twitter for about $44 billion in October 2022. He immediately brought in several major changes to the platform and laid off thousands of staff.

Other social platforms have challenges with bots, but Mr Musk fired many of the employees who might have been able to address the issue.

Putting X behind a paywall would be a major change from a few years ago, when Twitter was called the “global town square”.

It is not the first time Mr Musk has floated the idea of putting the social network behind a paywall.

The Platformer technology website reported in November 2022 that he considered paid subscriptions for using Twitter.

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WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

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UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
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Updated: September 19, 2023, 2:49 AM