Elon Musk, Tesla CEO, has announced that Twitter may charge a “slight” fee for commercial and government users as part of the billionaire entrepreneur’s strategy to grow revenue for the micro-blogging platform.

Musk said in a tweet “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users,” he added that “Some revenue is better than none!”

On Monday, April 25, Twitter confirmed the sale of the microblogging platform to Musk, in a deal valued at $44 billion.

It has been reported that Musk told banks he would develop new ways to monetize tweets and crackdown on executive pay to slash costs at the social media company.

Musk also told the banks he planned to develop features to grow business revenue, including new ways to make money out of tweets that contain important information or go viral.

He, however, said the micro-blogging site would “always” remain free for casual users. He wrote, “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users.

Musk justified this new development to commercialise the platform for commercial and government users in a series of tweets, claiming that free services lead to the downfall of great businesses.

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