Elon Musk started to share on many topics before he bought Twitter. The famous businessman also spoke about the monetization issues besides the platform being more free and democratic. Some high-profile Twitter users have come to expect new features that will make money with the purchase of Elon Musk.
Elon Musk took a large amount of loans from banks by showing Tesla shares as collateral to buy Twitter. Therefore, the business person is expected to make a few changes that will enable them to monetize Twitter. So, what can Elon Musk do to make money from Twitter? Let’s take a look at the details of the news together.
Elon Musk is giving up on Tesla for Twitter!
Elon Musk has sold off a significant amount of Tesla shares to cover Twitter’s $44 billion acquisition.
Elon Musk has a few ideas for making money from Twitter!
Before Elon Musk bought Twitter, he had a few ideas about making money. The monetization idea that got the most attention was for the creators. Many news sites add the necessary tweets into their posts and add them. In the businessman’s opinion, third-party sites will pay the company for quoting and embedding tweets.
Although the idea sounds pretty good, it is thought that taking a screenshot will prevent this situation. In addition, since it will be a new venture, the part of paying money to the company and users is expected to be complex.
Elon Musk has also come up with the idea of offering discounted subscription prices and an ad-free space for paying users. There are also rumors of layoffs from some customers to save potential money. But Twitter CEO Parag Agrawall announced that they have no such plans at the moment.
What do you, our readers, think about this issue? Do you think Elon Musk’s ideas about making money from Twitter are enough? You can express your thoughts in the Comments section or on the SDN Forum.