Just days after taking over Twitter as the “Chief Twit” Elon Musk has been openly pondering on how to bring in money. The company has already made certain moves, like laying off half of its global workforce and starting to charge $8 per month for the once-free blue tick verification.
Now, as per reports, Musk is considering putting the social media platform behind a paywall.
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This comes as the social media giant reports that it has seen an uptick in new users since the Tesla CEO took over.
As per a Platformer report citing sources in the know, the eccentric billionaire and tech investor David Sacks have been debating the concept of putting a paywall in place for all Twitter users.
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The exact design of the paywall is yet unknown. However, according to a Daily Mail report citing an anonymous source, one idea talks of a possibility where anyone could use the site for a limited period of time each month and then pay a fee to keep surfing.
And no this would not come under the much-debated $8 Dollar fee for a blue tick, but would most probably be an add-on charge.
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Even as Musk ponders new sources of monetisation, reports suggest that holding on to the platform’s existing sources of revenue has become a task. Amid fears that Twitter won’t be a ‘safe place for brands’ several advertisers, have stopped or paused their ads on the platform.
It remains to be seen whether the beloved blue bird will maintain its appeal or if users will keep jumping ship to other similar platforms.
