According to a report from tech newsletter Platformer, there is a chance that Musk could put a paywall on the service.
According to a person familiar with the plans, Musk and one of his advisers, David Sacks, have discussed the idea in meetings recently.
One question is whether all users will face a paywall. According to platformer, a metered paywall could kick in before a certain amount of time is spent on the site.
Most of the team working on the paid service of the company is focused on Musk's plan to charge $8 per month for verification.
The New York Times reported that Musk's $44 billion deal to purchase the social network included $1 billion in bank loans. A few weeks ago, Musk said that the social network was losing millions of dollars a day.
After employees said that it could lead to increased levels of misinformation, the company decided to delay its plans for paid verification.
When some verified accounts mocked him by changing their usernames and profile pictures, he was confused. If they weren't clearly labelled as parodies, Musk would ban them.
Musk said on Monday that usage has hit an all-time high, but that many users have left the platform. According to MIT Technology Review, around 1.3 million accounts have been suspended or deleted since Musk took over.
Some celebrities are leaving the platform in protest at its new ownership, with model Gigi Hadid calling it a cesspool of hate and bigotry. General Mills, Audi, and Pfizer are some of the companies who have decided to stop advertising on social media.
Insider asked for comment on the report, but did not receive a reply.
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