Elon Musk has said Twitter might charge a “slight” fee for commercial and government users, part of the billionaire entrepreneur’s push to grow revenue, which has lagged behind larger rivals like Meta Platforms Inc’s Facebook.
“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.
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.
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