scorecardresearch
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
Elon Musk’s X raises Premium+ subscription prices worldwide, including a 35% hike in India

Elon Musk’s X raises Premium+ subscription prices worldwide, including a 35% hike in India

X hikes Premium+ subscription costs globally, promises better features.

Elon Musk's X to be reinstated in Brazil over a month after its nationwide shutdown. Elon Musk's X to be reinstated in Brazil over a month after its nationwide shutdown.

Elon Musk-owned X, formerly Twitter, has announced a significant price hike for its Premium+ subscription tier across all markets, including India. The Premium+ plan, known for offering an ad-free experience, priority rankings, and extended post reach, has seen its steepest price increase since Musk acquired the platform in 2022.

Related Articles

In the United States, the monthly Premium+ rate has increased from $16 to $22, while the annual subscription now costs $229, up from $168. Indian users face a similar rise, with the monthly subscription climbing 35% from ₹1,300 to ₹1,750, effective 21 December. Annual subscribers will now pay ₹18,300, compared to the previous ₹13,600.

Despite these increases, the prices for X’s basic and standard premium tiers in India remain unchanged at ₹243 and ₹650 per month, respectively.

X clarified the pricing structure for current subscribers: “If your next billing cycle starts before 20 January 2025, you’ll continue to pay the current rate; after that, the new rate will apply.”

The company attributed the price increase to service enhancements. “Premium+ subscribers will enjoy higher priority support from @Premium, access to new features such as Radar, and higher limits on our most cutting-edge Grok AI models, ensuring you’re always ahead of the curve,” the statement read.

X outlined its plans to reinvest the additional revenue to improve user experience and reward creators. The platform’s updated revenue-sharing model now prioritises content quality over ad views.

“Increased pricing allows us to invest more into making Premium+ better and better over time,” the company explained. It added, “Your Premium+ subscription fee contributes to this new, more equitable system where creator earnings are tied to the overall value they bring to X, not impressions of ads.”

For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine

Published on: Dec 24, 2024, 4:30 PM IST
×
Advertisement