Investing
Elon Musk introduces Twitter monetization avenues for content creators
© Reuters.
Adding to the growing list of radical implementations to improve Twitter’s bottom line and promote citizen journalism, Tesla (NASDAQ:) CEO Elon Musk announced that creators on the social media platform can now monetize their content.
Ever since Musk’s takeover of Twitter, the company has taken several drastic measures to turn itself into a profitable business, which included mass layoffs and the introduction of Twitter Blue subscriptions. While many previously-verified individuals resisted the ask for a monthly fee to get a blue checkmark on Twitter, Musk saw it as a much-needed revenue stream for the company.
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