X’s New Subscription Plans are out now:
Recent reports have indicated that X, previously known as Twitter, is strategizing to diversify its premium subscription service. The goal is to introduce three distinct membership levels, aiming to boost revenue and achieve profitability by the year 2024.
Elon Musk’s Announcement of Two New Tiers
Elon Musk, the dynamic entrepreneur, recently announced that X is on the verge of introducing two innovative premium tiers. One of these tiers, despite featuring advertisements, will be priced lower than the existing $8 monthly fee. The second tier, on the other hand, will be more premium, offering an ad-free experience, as confirmed by the billionaire himself.
Details of the Tiers
Elon Musk shared on X, “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.” This announcement sparked a reaction from a follower who urged Musk to focus on a fairer system for monetization payouts. The follower pointed out that some accounts seem to receive disproportionate favoritism compared to others with better engagement and views.
Premium+: $16 per month
Basic: $3 per month Premium+ has no ads in for you and following tabs. Basic does not get you a blue checkmark
And what Would you subscribe to these new X tiers?
Plans for Three Membership Tiers
Reiterating earlier reports, X is planning to revamp its premium paid subscription service into three distinct tiers: Basic, Standard, and Plus. Each tier will be available at different price points, catering to a diverse range of user preferences.
Details of Each Tier
The Basic plan, being the entry-level option, will not reduce the number of ads users encounter. The Standard tier promises to halve the ad frequency, while the top-tier Plus option aims to provide an entirely ad-free experience, potentially costing more than $8 per month.
Tackling Bots and New User Policy
In a move to combat bots, Musk announced that new X users would need to pay a nominal fee of $1 per year to post on the platform. However, reading posts will remain free. This new policy is currently being tested in New Zealand and the Philippines, with plans for a global rollout in the future.
