Introduction

American billionaire Elon Musk announced today, Saturday, that he has given money to some subscribers of the X (formerly Twitter) tweeting platform, which he acquired for $44 billion.

X Premium Blue Subscribers Eligible for Profit

He also revealed that only X Premium Blue subscribers are now eligible to profit from Twitter ads.

And he wrote through his account: “To be eligible for a share of the profits from private ads, you must be a subscriber to the X Premium Blue service, otherwise the advertising money will remain with X.

Elon Musk’s Tweet

To be eligible for your ad revenue share you must be X Premium (blue) subscriber.

announcement money otherwise will be held by X if you are not X Premium (blue) subscriber.

This program open to everyone.

– Elon Musk (@elonmusk) August 5, 2023

Program Availability

He added that this program is available to all users of the tweet platform.

After that, Elon Musk announced in another tweet: “Subscriber interest in getting a share of the ad far exceeded his expectations and it was very popular, so it will take a few more days to process the issue in order to pay.” them,” assuring them that “great sums of money are coming into the Road.”

And the Twitter Blue service is a paid subscription that includes many features, including checking personal accounts by giving them a “blue checkmark”, which allows you to change and edit tweets, as well as write longer messages.

Elon Musk’s Tweet

interest in promotional version share To content creators far exceeded our expectations, so it will take several more days for processing.

Big payouts coming soon!

– Elon Musk (@elonmusk) August 5, 2023

Twitter’s Financial Situation

Notably, Elon Musk announced last month that Twitter’s financial position is negative due to a roughly 50% decline in advertising revenue, on top of the heavy debt burden it is suffering from.

At the end of October 2022, Elon Musk completed the acquisition of Twitter, an American company founded in 2006 and headquartered in San Francisco, California, for $44 billion.

Last month, Musk surprised Twitter users by changing his name and logo to the English letter “X” (X), thereby saying goodbye to his famous “blue bird” sign.