Tesla CEO Elon Musk wants to pay 44 billion US dollars for the acquisition of the short message service Twitter. Now a tweet reveals what could contribute to refinancing: paid accounts for commercial and government users. […]
Elon Musk, who is currently considered the richest man in the world, is rarely embarrassed by an oblique saying. He tweeted earlier this week: “The decline of the Freemasons began with the fact that they offered their masonry services for free.”The free culture on Twitter, whose acquisition Musk wants to have completed by the end of the year, should come to an end according to his ideas. On Wednesday, May 4, at 01:19 a.m. (presumably US West Coast time), he tweeted: “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users.“
Flat rate or per follower?
This line leaves plenty of room for interpretation, because “casual” not only stands for use in leisure time – i.e. privately – but also for “occasionally”.
Twitter accounts that are used commercially or by government agencies could therefore be charged a “small fee” in any case, although it is not known what Musk thinks of as “small”, nor whether the fee should be levied on a flat basis or calculated depending on the number of followers. The latter could be expensive, especially for super-celebrities.
For example, in August 2022, former US President Barack Obama was followed by more than 131 million people, while Musk himself “only” brings it to 83 million followers.
“Circle” for exclusive recipients
The number of followers reached limits the “Circle” function, which Twitter is currently testing. Posts can be created here for a group of a maximum of 150 recipients. Without having said it, Musk could also make such extra features chargeable in the future.
Musk’s announcement that he would take over the short messaging service Twitter for the historically unique sum of 44 billion US dollars by the end of the year had caused considerable uproar. In order to raise the purchase price, Musk had parted with part of his Tesla shares, which sent the price of the Tesla paper on the decline.
Musk’s plan to take Twitter off the stock market after the takeover is causing concern among the workforce about their jobs.
*Frank Kemper headed the print edition of INTERNET WORLD BUSINESS from 2013 to 2020. The graduate of the German School of Journalism in Munich can look back on over 30 years of editorial experience and has been online for almost as long.