Elon Musk to charge all X users 'small monthly payment' to use social media platform

SpaceX and Tesla founder Elon Musk, who owns the social media platform X, formerly known as Twitter, said he will be charging people a "small monthly payment" to use the platform.

Musk, who has owned the social media site since last October, said he was moving toward charging X users a small fee to remain on the platform during a livestreamed event on X with Israeli Prime Minister Benjamin Netanyahu on Monday. The comment comes as Musk struggles with advertisers, claiming the site's revenue was down 60%.

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