Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos. Reuters
"Twitter will always be free for casual users, but maybe a slight cost for commercial/government users," Musk said in a tweet. "Some revenue is better than none!" he added in another tweet.Twitter declined to comment when contacted by the media.
Last week, Reuters reported that Musk told banks he would develop new ways to monetize tweets and crack down on executive pay to slash costs at the social media platform company.
Musk also told the banks he planned to develop features to grow business revenue, including new ways to make money out of tweets that contain important information or go viral, sources told Reuters.
At the annual Met Gala in New York on Monday, Musk said the reach of Twitter was currently only "niche," and he would want a much bigger percentage of the country to be on it.
Musk, also the chief executive officer of top electric vehicle maker Tesla Inc, has been suggesting a raft of changes to Twitter since last month.
In tweets which were subsequently deleted, Musk suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin.
After inking the deal to buy Twitter for $44 billion last week, Musk said he wanted to enhance the platform with new features, make the algorithms open source to increase trust, defeat spam bots, and authenticate all humans.
The stock of electric-vehicle maker which has climbed 145 per cent this year, crossed $1,000 for the first time ever this week, making it one of the top performers on US stock exchange.
Musk's talk of doing away with Twitter's advertising model for revenue, relying instead on subscriptions, does not appear feasible, Baird Equity Research analyst Colin Sebastian said in a note to investors.
Tesla boss Elon Musk’s road to turning Twitter into a money-making platform where anyone can say anything looks to experts like a tough one. Musk’s $44-billion deal to buy the global messaging platform must still get the backing of
His training included a fundamental armor course and a fundamental flying course, helicopters and tactical planes, as well as parachutist course. He has an experience in flying the Gazelle helicopter armor and fleet, fly school and air college.
The NSRC said the site was systematically examined by its operations room team, and its search and rescue team was able to evacuate the injured person to Fujairah Hospital to receive the necessary treatment while adhering to relevant COVID-19 preventive measures.
Local media reported that the 42-year-old Lebanese, Basem Hussein, booked a number of employees and citizens inside the Federil Bank in Hamra Street, central Beirut, by force of arms.
You are a real good example to follow.” Hamdan Bin Mohammed and Abdul Ghafoor Sheikh Hamdan previously praised the driver's behavior after he appeared in a video while removing two concrete blocks that were in the middle of a road