Elon Musk has started implementing regulations to charge $1 for new users in New Zealand and the Philippines. New users need to pay $1 per year so they can post on X. This applies from October 17, 2023, with the “Not a Bot” testing program. According to Engadget, new users in these two countries need to pay so that there are no more spammers and bots on social media. According to Elon Musk, the price new users need to pay is also not expensive.
X Fees for Reducing Bots
Basically, the parties who create bots need to spend some money. Elon Musk hopes that withdrawing fees for user X will result in fewer parties using bots. Adding costs per new user will cost them more dollars. Now all new X users need to verify their phone number. So what about users who don’t pay? Elon Musk explained that people can still access social media to read posts or watch videos. However, people who intend to upload posts need to pay.
The new policy that Elon Musk issued will also have an impact on many users who earn income from X. Withdrawal fees allow many companies to lose their users. This will affect the advertising that goes to the company. As a result, the company’s annual income from social media is decreasing, according to the BBC.
On the other hand, Engadget stated that Elon Musk’s ambition is to gain access to information from user X’s credit card. He can use information about credit cards to find out what type of banking is most widely used for payments on his social media.
This social media site also offers X Premium, which requires users to pay. Users who subscribe to X Premium will be able to make their posts live for a longer time. The cost of X Premium in the United States is $8 per month. The price of X Premium may differ in each country. The Premium version subscription fee in Canada is $10 per month. The fee for Australia and New Zealand is $13 per month.