Elon Musk Announces New Twitter Subscription Tiers

Elon Musk has introduced two tiers of his subscription service days after asserting the corporate was testing a $1 annual payment. 

On Friday, the Tesla founder shared a tweet outlining the extra prices headed to the app. 

“Two new tiers of X Premium subscriptions launching soon. One is lower cost with all features, but no reduction in ads, and the other is more expensive but has no ads,” Musk defined. 

Two new tiers of X Premium subscriptions launching quickly.

One is decrease price with all options, however no discount in advertisements, and the opposite is costlier, however has no advertisements.

— Elon Musk (@elonmusk) October 20, 2023

Twitter, now often called X, rolled out a check in New Zealand and the Philippines earlier this week. The brand new annual payment for the “Not A Bot” program is outwardly meant to chop down on bots and spam on the app. Nevertheless, it appears that evidently this, together with the most recent tier prices, is simply one other cash seize. Again in July, Musk admitted that he had a “heavy debt load” after shedding 50% of the promoting money movement that was coming into the positioning. 

“Need to reach positive cash flow before we have the luxury of anything else,” Musk tweeted on the time. 

We’re nonetheless damaging money movement, on account of ~50% drop in promoting income plus heavy debt load. Want to succeed in optimistic money movement earlier than we now have the posh of the rest.

— Elon Musk (@elonmusk) July 15, 2023

For that reason, customers ought to count on to spend extra money in the event that they want to proceed tweeting. Twitter already has a $8 month-to-month subscription plan for its X Premium plan. This provides customers a blue checkmark and extra options, corresponding to submit enhancing. Nevertheless, that is just for the desktop model. The app Premium Plan is $11 a month. 

Musk hasn’t revealed the brand new tier prices as of but.