Elon Musk says he's going to ask Apple's CEO Tim Cook to lower App Store fees

Elon Musk has asked X users to subscribe to as many creators as they can afford while saying that he will try to reduce App Store Tax.

1 minute & 5 seconds read time

Elon Musk has taken to his X account to inform the public that he is pushing for creators to get more money from their posts.

The social media platform owner took to his X account on August 3 to ask the public to support creators by subscribing to their accounts. Musk asked if individuals that can afford to support creators should do so, as people from every corner of the world post incredible content on the platform and that these people should be rewarded for the content that they post as only a few hundreds dollars a month could be life changing.

Musk went on to say that previously it was announced that X would be keeping nothing for the first 12 months of a subscription, then 10% after the 12 months. Now, The social media platform will be keeping nothing forever, until the payout exceeds $100,000 then the 10% tax will kick in.

Elon Musk says he's going to ask Apple's CEO Tim Cook to lower App Store fees 3615

Additionally, Musk explained that Apple does take 30% of the subscription through the app store tax and that he will be speaking to Apple CEO Tim Cook about adjusting the 30% tax to X's share, enabling creators to receive more from their subscription payments.

"While we had previously said that 𝕏 would keep nothing for the 12 months, then 10%, we are amending that policy to 𝕏 keeps nothing forever, until payout exceeds $100k, then 10%. First 12 months is still free for all. Apple does take 30%, but I will speak with @tim_cook and see if that can be adjusted to be just 30% of what 𝕏 keeps in order to maximize what creators receive," wrote Musk

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NEWS SOURCE:engadget.com

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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