this post was submitted on 18 Oct 2023
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X will begin charging new users $1 a year::X owner Elon Musk has long floated the idea of charging users $1 for the platform. Now, the team is moving the idea into production.

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[–] TootSweet@lemmy.world 14 points 1 year ago (5 children)

My theory is he's literally trying to kill Twitter. He blustered about buying Twitter as a brag with no actual intention to go through with it. And then they took him seriously and forced him to make good on it. Now he's pissed he was compelled to take ownership of it and still doesn't actually want anything to do with it. So he's putting it out of his misery as quickly as possible. Meanwhile his hubris is blinding him to the ensuing shitstorm of shareholder litigation he's about to face.

[–] transientpunk@sh.itjust.works 3 points 1 year ago (2 children)

Isn't he the sole shareholder now?

[–] Munkisquisher 12 points 1 year ago (1 children)

He borrowed it from the Saudis who would dearly love to kill the main organising tool behind the Arab Spring. A few B lost is cheap to them

[–] ikidd@lemmy.world 6 points 1 year ago

This is the best theory I've heard yet. I could get behind it. I'm certain he's purposely trying to kill it, I just can't fathom why he would if it's going to cost him and other billions. But this holds together.

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