Elon Musk could force governments and companies to pay for Twitter
Posted: Mon Jan 06, 2025 3:45 am
Elon Musk has spent a whopping $44 billion on the acquisition of Twitter , and to recoup some of that costly sum he may impose charges on Twitter users (at least some of them) . The South African entrepreneur is particularly targeting corporate and government accounts.
"Twitter will always be free for casual users, but there may be a small fee for business and government accounts ," Elon Musk said in a tweet.
The Tesla CEO reached an agreement last week to malaysia phone number data acquire Twitter for $44 billion. Musk's initial intention was to take the blue-bird social network off the stock market after completing the transaction.
Since it was announced last week, the acquisition of Twitter by the South African billionaire has caused a stir inside and outside the social network . Last Friday, Parag Agrawal, CEO of Twitter, was supposed to calm the mood of employees during a meeting with the staff of the blue-bird social network.
Twitter employees are worried about Elon Musk's plans for the social network
Twitter is currently concerned about possible layoffs and pay cuts as a result of Elon Musk's arrival on the scene.
Agrawal has assured Twitter employees that the company has always looked after its staff and will continue to do so in the future.
According to sources close to Musk, the Tesla CEO has reportedly suggested to his creditors that he would likely cut the salaries of Twitter's executives and managers . However, the South African does not want to make any decisions about cutting Twitter's staff until he officially becomes the owner of the social network.
"Twitter will always be free for casual users, but there may be a small fee for business and government accounts ," Elon Musk said in a tweet.
The Tesla CEO reached an agreement last week to malaysia phone number data acquire Twitter for $44 billion. Musk's initial intention was to take the blue-bird social network off the stock market after completing the transaction.
Since it was announced last week, the acquisition of Twitter by the South African billionaire has caused a stir inside and outside the social network . Last Friday, Parag Agrawal, CEO of Twitter, was supposed to calm the mood of employees during a meeting with the staff of the blue-bird social network.
Twitter employees are worried about Elon Musk's plans for the social network
Twitter is currently concerned about possible layoffs and pay cuts as a result of Elon Musk's arrival on the scene.
Agrawal has assured Twitter employees that the company has always looked after its staff and will continue to do so in the future.
According to sources close to Musk, the Tesla CEO has reportedly suggested to his creditors that he would likely cut the salaries of Twitter's executives and managers . However, the South African does not want to make any decisions about cutting Twitter's staff until he officially becomes the owner of the social network.