Elon Musk's Cash Offer Fails To Entice X Users, Less Than 100K People Opt For Premium: Report

X Premium, previously known as Twitter Blue, has seen a minimal increase in subscribers, despite Elon Musk‘s attempts to incentivize creators with cash offers. The report cites data collected by third-party researcher Travis Brown, iMore reports.

See Also: Dogecoin Artist Shares Happy Photos Of Elon Musk-Mark Zuckerberg Enjoying At The Beach: ‘Don’t Believe Ev

According to Brown’s report, less than 100,000 new subscribers joined X Premium from July 1 to August 10. Currently, the platform has roughly 827,000 users. As part of Musk’s strategy to increase profitability, X Premium is a crucial source of ongoing income, especially after his acquisition of Twitter for $44 billion in 2022.

Despite offering features like a verification badge, the ability to post longer messages and post-editing, along with revenue sharing for creators, X Premium’s growth has been sluggish. Musk’s rebranding of Twitter to X has also faced criticism.

Read Next: iPhone 15 Pro May Be Faster Than The Fastest Android Phones, Chip Rumors Suggest – Qualcomm QCOM

Photo by Yalcin Sonat on Shutterstock


Engineered by Benzinga Neuro, Edited by Pooja Rajkumari


The GPT-4 Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Market News and Data brought to you by Benzinga APIs
Posted In: NewsTechMediaGeneralConsumer TechElon MusktwitterXX Premium
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...