Elon Musk wants to charge for the commercial use of Twitter
Twitter users may have to pay some fees in the future for business and government purposes. However, ordinary users will now be able to use Twitter for free, according to Elon Musk, the world's richest man who bought the majority of Twitter's ownership. Elon Musk says that in the future, there may be a small "charge" for using Twitter for business and government purposes. News from the BBC
According to a BBC report, Elon Musk recently announced in a Twitter message that he plans to take some 'costs' from Twitter users for business and government work. However, the BBC did not respond to a request for comment.
Elon Musk recently agreed to buy Twitter for USD 44 billion. He then announced plans to impose tariffs on Twitter's commercial users. However, Elon Musk has also announced that new features will be added to Twitter. So that users become more interested in using social media.
Elon Musk has also announced that he will bring social media back to the capital market in a few years. Some analysts also say that Elon Musk plans to resell all shares of Twitter in three years. Concerned parties believe that the process of buying Elon's Twitter will be completed within this year.
According to the Twitter purchase agreement, Elon Musk will buy all the shares of the company. As a result, a public company listed on the stock exchange will become a private company. Last week, Elon Musk sold 8.5 billion worth of shares of his electric-car maker and marketer Tesla.
According to analysts, the world's richest man is selling Tesla shares just to buy Twitter shares. Elon started selling Tesla shares in his hands, and Tesla shares fell 20 percent in the stock market last month. Elon Musk is currently the world's richest man with a net worth of about 2.5 trillion, the Elon's share of which is Tesla.
Elon also owns a large stake in rocket company SpaceX, valued at about USD 10 trillion.
Written By: Hasan Kazi Mustafa