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Elon Musk confirms X is soon launching two new premium tiers

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Elon Musk right this moment stated that X (previously Twitter) goes to quickly launch two new premium tiers, confirming earlier experiences and code sightings.

The proprietor of the platform stated that one tier will value decrease than the present $8 per thirty days plan, however received’t scale back advertisements. The opposite tier shall be a costlier one, which is able to take away all advertisements. The present premium plan guarantees to indicate “half advertisements” to subscribers.

Earlier this month, @aaronp613 discovered references in X’s code about three separate premium tiers.  Individually, Bloomberg additionally reported that the corporate is testing a number of paid plans to herald extra income.

Musk & co. are attempting new methods to extend X’s income. Earlier this week, the corporate began testing a $1 per yr plan for brand spanking new customers in New Zealand and the Philippines for primary performance like posting, liking, and reposting. The social community stated that this transfer was to scale back the variety of bots on the platform, and wasn’t meant to be “a revenue driver.”

Earlier this month, Reuters reported that since Musk’s takeover ad revenue has constantly dropped. So it’s not shocking for Musk to make strikes to bolster subscription income.

As the corporate is making an attempt to draw advertisers with former NBCU exec Linda Yaccarino as CEO, it’s making an attempt to publish metrics that look interesting. Earlier this month, Yaccarino stated that X has around 245 million daily active users and 500 million every day posts.



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