Home ยป Monetary Consumption Strategy: Elon Musk Unveils Ambitious Blueprint to Acquire Minimal Financial Contributions from all Users

Monetary Consumption Strategy: Elon Musk Unveils Ambitious Blueprint to Acquire Minimal Financial Contributions from all Users

Elon Musk, the owner of X, or the former name Twitter, has revealed various plans for X’s future during a live conversation with Benjamin Netanyahu, the Prime Minister of Israel, on several topics.

Musk mentioned that X intends to transform into a platform where all users must pay a small monthly fee in order to use it. This is necessary to combat the increasing costs of building bots on the platform. However, it remains to be seen if Musk will follow through with this plan, and how it will differ from the X Premium plan (previously called Twitter Blue).

In terms of user numbers, Musk stated that X currently has 550 million monthly active users (MAUs) and generates approximately 100-200 million posts per day. These numbers may be difficult to compare to when Musk acquired Twitter, which reported an average of 237.8 million monetizable daily active users (mDAUs) who generate revenue.

Among the other topics discussed between Musk and Netanyahu were anti-Semitic groups and the risks of AI technology to the world.

TLDR: Elon Musk divulges plans for X, formerly known as Twitter, including a potential subscription-based model and discussions on user numbers, anti-Semitism, and AI risks during a live conversation with Benjamin Netanyahu.

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