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"Twitter will always be free for casual users, but maybe a
slight cost for commercial/government users," Musk said in a
tweet. "Some revenue is better than none!" he added in another
tweet.
Twitter declined to comment when contacted by Reuters.
Last week, Reuters reported that Musk told banks he would
develop new ways to monetize tweets and crack down on executive
pay to slash costs at the social media platform company.
Musk also told the banks he planned to develop features to grow
business revenue, including new ways to make money out of tweets
that contain important information or go viral, sources told
Reuters.
At the annual Met Gala in New York on Monday, Musk said the
reach of Twitter was currently only "niche," and he would want a
much bigger percentage of the country to be on it.
Musk, also the chief executive officer of top electric vehicle
maker Tesla Inc, has been suggesting a raft of changes to
Twitter since last month.
In tweets which were subsequently deleted, Musk suggested
changes to Twitter Blue premium subscription service, including
slashing its price, banning advertising and giving an option to
pay in the cryptocurrency dogecoin.
After inking the deal to buy Twitter for $44 billion last week,
Musk said he wanted to enhance the platform with new features,
make the algorithms open source to increase trust, defeat spam
bots, and authenticate all humans.
(Reporting by Shivani Tanna, Maria Ponnezhath and Shubham Kalia
in Bengaluru; editing by Uttaresh.V and Subhranshu Sahu)
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