The value of company X plummeted like an eagle hunting for fish and income also decreased like the value of the Ringgit compared to the Dollar since it was taken over by Elon Musk. Almost all of Musk's actions to become X a super application also still do not seem to be successful. Now the world's richest man has confirmed that two new X Premium plans will be offered.
The first cheaper plan offers all the features on the X but with ads. The second, more expensive plan is the same except that no ads will be displayed on the timeline. He also did not say what the monthly subscription fee is for these two plans.
Just a few days ago X announced that new accounts in some countries will have to pay $1 a year to use the platform. This is to prevent the number of bot accounts that send spam to users.
With all the previous plans not working, the probability that these two new subscription plans will be able to help the company's revenue is extremely low. Previously reports appeared that X Premium (formerly Twitter Blue) customers were only around 290,000 who only generated $2.3 million per month which could not cover operating costs at all.