Twitter Introduces New Subscription Plans: Basic at Rs.244/month and Premium+ at Rs.1300
Social Media Platform X Introduces Two New Subscription Plans
Social media platform X has launched two new subscription plans. One of them is a free plan called Premium+, which costs users ₹1300 per month. The other plan, called ‘Basic,’ requires users to pay ₹243.75 per month. Currently, these plans are available only on the website, but users can also subscribe to the premium subscription plan for ₹650 per month, which was already available. Both Premium and Premium+ plans offer account verification, but Basic plan users won’t have access to this feature. Nevertheless, users can still enjoy many features on the platform.
Premium Plan Users to Receive Fewer Ads
Premium+ plan users on X will not see advertisements, while premium plan users will continue to see ads. The basic plan does not offer access to advertisements either. These changes are in effect on the website and do not affect the Premium plan’s time limit on advertisements.
Elon Musk Announced Subscription Fees for X Users
Eight days ago, on October 20th, Elon Musk announced the introduction of subscription plans on Social Media Platform X. He stated that the cost of the current Premium plan will decrease, but users will still see ads. In contrast, users who subscribe to the new Premium+ plan won’t see ads. Elon Musk shared this information during a live program with Israel’s PM Benjamin Netanyahu. Musk added that this will lead to fewer bots on the platform.
Social Media Platform X Has Nearly 550 Million Users
Currently, Social Media Platform X has approximately 550 million users who post between 10 million and 20 million posts daily. Musk has not revealed how many of these users are authentic and how many are bots.
Twitter (Now X) Acquired by Musk for $44 Billion
On October 27, 2022, Elon Musk purchased Twitter for about $44 billion, equivalent to roughly ₹3.64 lakh crore. After the acquisition, Musk made several significant decisions and remained in the news.
More Than 2,500 Employees Remaining After Leadership Changes
After taking over X, Elon Musk relieved the company’s top executives of their duties. This included CEO Parag Agrawal, Chief Financial Officer Ned Segal, Legal Executives Vijaya Gadde and Sean Edgett. Musk initially had about 7,500 employees when he took over the command of X, but now only about 2,500 employees remain.
Blocked Accounts Unblocked After Musk Takes Over
In November 2022, Musk unblocked many blocked accounts, including former U.S. President Donald Trump, on X. He even cast a vote on Trump’s return. He asked whether President Trump’s account should be reinstated and, out of over 150 million votes, 52% of users answered affirmatively.
Launch of Blue Subscription Service on X
Elon Musk has launched the Blue Subscription Service globally. In India, the subscription fee for Blue is ₹650, while the mobile subscription charges are ₹900 per month. Blue provides several features, including Blue Ticks, long-form video posts, and many more.
Character Limit Increased, Reading Posts Allowed
Musk has increased the character limit for posts from 280 to 25,000. Reading posts also has its limitations, where verified users can read up to 10,000 posts a day, unverified users can read up to 1,000 posts a day, and new unverified users can read only 500 posts a day.
Platform Renamed as X with Logo Changes
On July 24, 2023, Elon Musk renamed “Twitter” as “X” and changed the logo. On the night of July 26, he made minor design alterations to the logo. The new X logo is bolder and sharper. Musk stated that people will evolve over time with these changes.
