MUSK PASSES ‘BUCK’
$1 annual fee to post
Elon Musk pushed through a $1 annual fee for new users of his social media site X to unlock basic features such as posting or sharing content, a move the billionaire claims is the “only way” to defeat automated spam bot accounts.
The company formerly known as Twitter rolled out the test, dubbed “Not a Bot,” in New Zealand and the Philippines late Tuesday.
New users in those countries are required to verify their phone numbers and pay for the ability to post, interact with other users or bookmark posts on the struggling social media site.
“It’s the only way to fight bots without blocking real users,” Musk said. “This won’t stop bots completely, but it will be 1000X harder to manipulate the platform.”
Existing X users “are not affected” by the test, according to Musk. New accounts who decide not to pay the $1-per-year fee will only be able to read posts, watch videos and follow other accounts.
In a separate post, the social media site’s account said the new fee is “not a profit driver” for the company.
“This new test was developed to bolster our already successful efforts to reduce spam, manipulation of our platform and bot activity while balancing platform accessibility with a small fee amount,” the company said.
The fee test is the latest in a series of moves by Musk since he bought the company for $44 billion last fall — including ditching the Twitter brand entirely in favor of a black-and-white “X” logo, and loosened content moderation practices.
Customers peeved
In the past several weeks alone, Musk has rankled users by hiding headlines and text from news articles and endorsing accounts known for being “antisemitic” and “biased” in the midst of Israel’s war with Hamas.
The plan drew skepticism from some X users.
“Hi. Just $1 to use [X]. Go ahead and trust me with your financial information,” Georgetown University professor Donald Moynihan quipped on the site.
Cryptocurrency researcher and critic Molly White asserted that X was going from “free speech” to “$1 speech” for users.
“Lol bots are already paying $8/month or sometimes even $1000/month for verified or corporate accounts. They sure as f--k won’t care about $1/year,” said Adam Cochran, a partner at Cinneamhain Ventures.
Musk, whose business interests also include Tesla and SpaceX, has sought to revamp X as a subscription-focused platform after spooked advertisers fled the site in response to his overhaul.