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Elon Musk says Twitter may charge businesses and governments

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This photo illustrates Elon Musk’s Twitter account on a smartphone screen with the Twitter logo as background.

Pavlo Gonchar | Lightrocket | Getty Images

Elon Musk stated that governments and businesses may soon have to incur a small cost to make use of his technology. TwitterHe announced just weeks ago that he was going to purchase the social media platform for $44 Billion.

This tech billionaire is also CEO of TeslaSpaceX also announced late Tuesday, via a blog post that the platform would remain free to “casual users.”

Musk may charge governments and businesses a lot, but it is unclear if Musk would allow journalists to be exempted from the fees.

CNBC contacted Twitter to inquire about Twitter’s position.

Twitter’s revenue has been sporadic over the years.

Musk has 90.7million Twitter followers and previously stated that he wanted to make Twitter “better than ever” by improving the product’s features.

Twitter already has a paid subscription called Twitter Blue that allows for additional features in Canada, Australia, New Zealand and the U.S.

It premium offeringThe cost of the service, $2.99 per month, in the United States, grants users access to such features as bookmarking and undoing tweets. Musk stated last month that he would like to reduce the cost of Twitter Blue. make changesService, including the ban of advertisements.

Musk stated elsewhere that every direct message sent to Twitter by a user should be encrypted at the end so they are impossible for anyone else to spy on them or hack their messages.

Musk stated Monday at the Met Gala that Twitter must also get rid of bots, trolls, and other scams.

He stated, “We don’t want people being tricked out their money and that type of thing.”

Are there IPO plans available?

Twitter is listed at the Nasdaq stock market in New York, however Musk plans to make it private.

Musk, however, has stated to investors that he might return Twitter to the stock exchange in just three years. report from The Wall Street JournalMonday’s statement cites persons who are well-versed in the subject.

If the deal is closed and Musk becomes the owner of Twitter, he will control the company. He’s the richest man in the world and has been an outspoken critic of Twitter while also using the platform to post sensitive information about Tesla.

Though Musk has indicated that his primary interest in Twitter has to do with what he views as the company’s censorship of free speech, Musk critics are concerned that the billionaire’s control over the platform will result in the silencing of their voices and others with whom he may disagree, given that he’s often blocked critics from his personal account.

Musk expressed his desire to see the platform grow under his management at the TED2022 Vancouver conference.

He said that he believed it was important to have an open forum for free speech. However, he acknowledged the need for content moderating to address explicit violence calls and to ensure compliance with laws within the country where the service operates.

Musk could also have indicated that he prefers “time-outs to permanent bans,” which might suggest that former President Donald Trump can rejoin the platform. Twitter banned Trump from the platform following his tweets around the Jan. 6 insurrection at the U.S. Capitol, citing “the risk of further incitement of violence.”

Lauren Feiner of CNBC reports additional information.



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