EXCLUSIVE: X, formerly known as Twitter, will begin charging new users $1 per year to have access to core functions such as tweeting and retweeting.

According to a person acquainted with the situation and later verified by the company, X, the platform formerly known as Twitter, 

will begin charging new users $1 per year to access essential functions such as the ability to tweet, reply, and quote.

The price will be charged to new members in New Zealand and the Philippines starting on Tuesday, marking one of the most major changes to the social networking site since Elon Musk bought it nearly a year ago.

"This new test was created to supplement our already successful efforts to reduce spam, platform manipulation, 

and bot activity while balancing platform accessibility with the small fee amount." It is not a profit generator," the business stated.

The $1 annual fee is only applicable to new customers and does not apply to existing users.

It's unclear whether or when the payment plan will be made available to consumers in other nations. 

The application is also distinct from X Premium, which costs $8 per month and includes more capabilities such as "Undo" and "Edit" for posts.

Lionel Messi strikes back with two goals in Argentina's 2-0 win over Peru

Thanks For watching