If you are planning to use X (formerly Twitter), get ready to pay an annual subscription fee as the micro-blogging platform won't remain free anymore. X has said that it is going to charge users $1 as an annual fee under a new subscription model, Reuters reported.

Why did Twitter become X? Twitter became X because Elon Musk, Twitter's owner, bought the social network “as an accelerant for X, the everything app” and wants to evolve the social networking site into a super app encompassing much more than simple messaging and tweeting.

X, commonly referred to by its former name Twitter, is a social media website based in the United States. With over 500 million users, it is one of the world's largest social networks and the fifth-most visited website in the world.

Sure, X got a new name and CEO, Linda Yaccarino. But the platform seems to be fighting a thousand battles on a thousand fronts. We've seen an advertiser exodus due to owner Elon Musk's controversial moves, including sharing antisemitic content and unbanning Alex Jones. The company's valuation has plummeted.