Wednesday, May 22

1000’s pay to see unique tweets from Elon Musk

Twitter CEO Elon Musk revealed that almost 25,000 individuals pay to see unique content material from him via Twitter’s Subscription characteristic. 

The revelation, which can have been unintentional, confirmed that Mr. Musk has 24,700 subscribers. In a screenshot telling customers how they might allow Subscriptions on their accounts, Mr. Musk included each his follower and subscription numbers. 

Subscriptions on Twitter let customers monetize their accounts by placing a few of their content material behind paywalls. Mr. Musk prices customers $4 a month to view his unique content material, which means that, with the 24.7K subscribers, he takes residence round $100,000 a month or slightly over $1 million a yr.

Mr. Musk enabled the brand new subscription service on April 15, so all of his subscribers are comparatively new. It is probably going true that almost all, if not all, of his subscribers additionally bought verification with Twitter Blue for $8 a month. 

While the additional $1 million a yr could also be a pleasant bonus for the billionaire, it’s comparatively small when paired along with his follower depend. Mr. Musk is likely one of the hottest customers on Twitter, with 136 million followers. So lower than 1% of his followers pay to subscribe to him. 

The lack of recognition of Subscriptions on the positioning follows the implementation of Twitter Blue, which information suggests won’t be highly regarded. Of the over 400,000 legacy verified accounts that had their blue checkmark eliminated final week, solely 28 resubscribed, in keeping with Twitter API. Twitter has round 330 million month-to-month customers. 

Twitter beforehand had a subscription technique generally known as Super Follows, however this system failed to realize any type of widespread use.

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