In the most obvious sign that Elon Musk owned Twitter is bleeding cash like a gunshot victim, the floundering social media platform has announced a massive price increase for its Premium Plus subscription tier.
- Monthly rates in the US have gone up from $16 to $22, representing a 37.5% increase.
- The annual subscription cost will also rise from $168 to $229.
Now these price increases will vary from region to region, and some regions will face triple digit percentage increases. But you have to wonder if there is any value left in Twitter for anyone to justify paying these prices. I really don’t think so. But Twitter thinks so. In fact they highlighted the following as reasons to pay up:
- A completely ad-free experience
- Enhanced access to Grok AI.
To me, that isn’t enough value to convince me to hand over my credit card. And combined with the fact that Elon has really lost the plot and embraced the far right of the political spectrum adds to my lack of desire to pay to be on that platform. Now I might have paid for Twitter in some fashion in the days before Elon took over. But not now as any value the platform had is gone thanks to Elon. And based on the reaction that I am seeing online, others feel the same way. So I truly can’t see this move by Elon is going to succeed.
R.I.P. Twitter.
Twitter Announces MASSIVE Price Increases For Subscribers
Posted in Commentary with tags Twitter on December 23, 2024 by itnerdIn the most obvious sign that Elon Musk owned Twitter is bleeding cash like a gunshot victim, the floundering social media platform has announced a massive price increase for its Premium Plus subscription tier.
Now these price increases will vary from region to region, and some regions will face triple digit percentage increases. But you have to wonder if there is any value left in Twitter for anyone to justify paying these prices. I really don’t think so. But Twitter thinks so. In fact they highlighted the following as reasons to pay up:
To me, that isn’t enough value to convince me to hand over my credit card. And combined with the fact that Elon has really lost the plot and embraced the far right of the political spectrum adds to my lack of desire to pay to be on that platform. Now I might have paid for Twitter in some fashion in the days before Elon took over. But not now as any value the platform had is gone thanks to Elon. And based on the reaction that I am seeing online, others feel the same way. So I truly can’t see this move by Elon is going to succeed.
R.I.P. Twitter.
Leave a comment »