Elon Musk Confirms X Remains Free For All Users

The X platform has been a hot topic among users recently, with numerous reports suggesting that its owner, Elon Musk, intends to implement user fees. However, Musk has quashed these claims today. These recent claims have triggered panic among platform users, as it raises concerns that an upcoming fee may be imposed on all account holders for continued access.

Musk Dismisses Claims

The reports claimed that Elon Musk disclosed his contemplation of introducing a nominal monthly fee for all users, in a recent interview with Israeli Prime Minister Benjamin Netanyahu. Musk cited this move as an attempt to combat the increasing presence of bots on the platform.

Musk reportedly indicated that the proposed pricing structure for X would be positioned as a “lower-tier” alternative to the current cost of X premium subscriptions. However, he refrained from specifying the exact pricing details.

However, dismissing the claims, Musk confirmed in an X post that the allegations are false and that he has no plan to introduce fees for all users on the X platform. Several users have praised Musk’s decision, which has eased concerns in the market.

In a recent post, Elon Musk’s reported statement about imposing a small monthly fee for all X platform users stirred controversy. However, the Community Notes deemed it a misleading post.

They clarified that Musk, during a recent interview with the Israeli PM, discussed the introduction of “lower-tier pricing” for premium users. The Community Notes also refuted claims that Musk intends to charge all X users.

Notably, Community Notes serves as a collaborative effort on X, enhancing post context and fostering a well-informed community. It primarily aims to empower X users to collectively contribute informative notes to posts, particularly those that may be misleading. Contributors can create and rate notes on various topics, collectively working towards a more informed environment.

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Elon Musk & Dogecoin

In the crypto world, speculation has been mounting over Dogecoin playing a role in powering payments on X. On the other hand, Musk’s acquisition of X has piqued the Dogecoin community’s interest, sparking speculation about DOGE’s potential role as a payment processor on the platform.

Meanwhile, Elon Musk’s upcoming biography, to be published this month, will reportedly unveil his secret funding of Dogecoin’s development. In addition, it might also outline Musk’s plan to launch a blockchain-based social media platform incorporating payment features, utilizing DOGE.

The Dogecoin community had long anticipated Elon Musk’s integration of DOGE into the platform.

Meanwhile, during writing the Dogecoin price was down 0.76% to $0.06211 over the past 24 hours, with its volume declining 8.89% to $183,102,695. However, over the week, the Dogecoin price jumped 1.39%.

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