In a new tweet from Twitter’s developers’ account, the company announced that it’s closing its free API access starting February 9 – a week from now. A new paid basic tier will be available soon.
Twitter is bleeding money each year and Elon Musk and his team are scrambling to save the social network from bankruptcy. This, in turn, means that some features on the platform will require a subscription in order to increase the revenue stream. The latest feature to take the hit is the free API access for developers.
From February 9 onward, developers and companies that rely on Twitter’s APIs will have to pay a monthly fee to access the data. In one of its tweets, the company states that Twitter holds one of the biggest and most powerful data sets, so it’s committed to maintaining its relationship with entities that use the website’s APIs and also enable faster and more comprehensive access in the future.