Musk reportedly considers locking all of Twitter behind a paywall

Twitter logo displayed on a phone screen and Elon Musk’s Twitter account displayed on a screen are seen in this illustration photo taken in Krakow, Poland on October 30, 2022.

According to a report from Platformer, Musk is considering putting a paywall on the platform.

It is unclear how serious the plans are and if they are implemented, it doesn't appear imminent. It shows how Musk is trying to make money from the platform he acquired. He said that there has been a drop in revenue at the micro-messaging service.

A paywall on the platform marks Musk's musings about how to make money on the micro-blogging site.

There was confusion about the platform's policy changes and spending pauses from some advertisers after Musk laid out a number of ideas for a new user verification process.

The person was not available to speak.

Musk said he will give power to the people by offering verification for $8 a month on the social network. He said participants will get priority in mentions, replies and search, receive half as many ads, and will be able to send long videos and audio messages.

Changes to the platform for some users were rolled out on Saturday in preparation for the launch of the new service, but will be delayed until after Tuesday's elections, according to reports.

The impact of the acquisition was felt right away. When he took over the company, he dismissed the CEO, CFO and head of legal, public policy and trust and safety. Half of its employees were laid off.