On Friday, the X social network owned by Elon Musk began offering new paid subscription levels to users.
This was reported by Ukrinform with reference to Bloomberg.
Yes, users will be able to pay $3 per month for the basic level, which provides features like editing posts and uploading longer videos.
Another tier costs $8 per month and $16 for the premium+ subscription to get benefits like the blue checkmark, ad revenue sharing, and fewer or no ads in your news feeds. Users who subscribe through Apple Inc.’s iOS and Android platforms will pay more for their subscriptions.
After Musk bought the company a year ago, X moved away from advertising and towards paid subscriptions. Between 950,000 and 1.2 million people currently pay $8 a month for network X’s premium service, according to a new analysis by independent researcher Travis Browne.
As Ukrinform reports, Elon Musk plans to turn the social network X (formerly Twitter) into a financial center that will “manage everything related to money” in a person’s life.