Quoting tweets soon for a fee? Musk’s ideas for Twitter

According to Reuters plans Elon Musk current to monetize viral tweets in the future. We only reported on Monday that Musk Twitter for approx $41.4 billion will take over. Accordingly, the question arises as to what specific changes the platform could expect. Finally, Musk has indicated in the past that he wants to make some changes to the platform. The topic of freedom of expression in particular was raised more frequently, as Musk seems to be seeing problems with it on Twitter.

The ideas of Elon Musk

Musk has apparently shared his vision for the platform and the company behind it with the banks that are helping him fund this project. He is said to have communicated an idea in which third parties such as websites would have to pay money to quote tweets from verified users or embed them in the page.

This is said to be part of the plan to better monetize tweets in the future, especially those that go viral. Elon Musk is said to have already selected a new Chief Executive, but this is currently not known.

Dogecoin and new executive

In addition, Musk has mentioned other ideas for the platform in numerous tweets (some of which have already been deleted). For example, Twitter should be less dependent on advertising revenue in the future. In addition, salaries for Twitter board members are to be cut, which Musk says would save $3 million. Also on the Twitter subscription model “TwitterBlueMusk said in a now-deleted tweet in early April.

Twitter Blue is currently available in the USA, Canada, Australia and New Zealand and makes features such as deleting your own tweets chargeable. During the subscription currently $2.99 costs per month, Musk’s idea is that the price should be clearly reduced. In addition, advertising is to be removed and the cryptocurrency Dogecoin made available as a means of payment.