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Elon Musk Introduces Charges For Posts By New X Users

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The owner of the microblogging platform, X, Elon Musk, has revealed plans to charge new users for posting on the social media platform.

Naija News reports that Musk made this known in response to questions on the new X’s policy for newly created accounts.

He said charging new users a small fee is the most effective strategy to combat the relentless onslaught of bots on the platform.

Musk added that the new users would be granted free posting privileges after three months.

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He said, “Unfortunately, a small fee for new user write access is the only way to curb the relentless onslaught of bots.

“Current AI (and troll farms) can pass “are you a bot” with ease. The onslaught of fake accounts also uses up the available namespace, so many good handles are taken as a result.”

It would be recalled that Musk had introduced a $1 per year charge for new users of the platform in New Zealand and the Philippines on October 17, 2023.

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The charge was introduced to allow users from both countries to have access to essential features such as tweeting, retweeting, liking posts, and replying to posts.

Forbes Names Elon Musk World’s Richest Man In Automobile Industry

Meanwhile, Forbes Billionaire List has named Elon Musk, the innovative force behind Tesla, Space X, the Boring Company, and X, the leading billionaire in the automobile industry.

Naija News reports that Musk boasts a wealth of $189.2 billion, and his 12% stake in Tesla has significantly contributed to his unparalleled fortune in the sector.

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Trailing Musk, Stefan Quandt holds the title of the second wealthiest in the automobile world, with a fortune of $28.2 billion derived from his 23.6% share in BMW.

Quandt, along with his sister Susanne Klatten, Germany’s richest woman, plays a pivotal role in BMW, where he is the deputy chairman of the supervisory board.

Robin Zeng, recognized for founding and chairing Contemporary Amperex Technology (CATL), is ranked third with a net worth of $28 billion.

CATL’s leadership in battery technology for electric vehicles has thrust Zeng into prominence in the automobile industry.

Rachel Okporu is an entertainment and lifestyle journalist with years of experience in the industry. She is a graduate of Linguistics and Communication Studies. Likes surfing the Internet and making new friends.

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