NewsReport gathered that Elon Musk, the billionaire entrepreneur, hinted on Wednesday that commercial and government users of Twitter may have to pay to use the microblogging platform.
On Monday, April 25, Twitter disclosed that it has sold the platform to Musk for $44 billion.
The sale marked a significant change for the board, which had previously attempted to prevent Musk from turning the social networking platform private.
In a joint statement announcing the takeover, Musk said, “Free expression is the backbone of a healthy democracy, and Twitter is the digital town square where subjects crucial to the future of humanity are debated.”
But confirming fears by the majority that his takeover might lead to commercialisation of the social media platform, Musk in a tweet in the early hours of Wednesday, said commercial and government users will pay for the platform.
He, however, said the micro-blogging site would “always” remain free for casual users.
Justifying his move to commercialise the platform for commercial and government users in a series of tweets, the billionaire entrepreneur said free services led to the downfall of great businesses.
He wrote, “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users.
In an earlier tweet, Musk said, “Ultimately, the downfall of the Freemasons was giving away their stonecutting services for nothing.”