Elon Musk, who just acquired the microblogging site in a $44 billion deal, responded to best-selling author Stephen King’s tweet expressing dissatisfaction with the expected charge for a verified badge.
Mr. King made this statement in response to rumors that verified accounts on Twitter may start costing money per month “Paying $20 per month to keep my blue check? Oh hell no, they need to compensate me. I will be leaving like Enron if that is implemented.”
The reported monthly charge ranges from $5 to $20. There is significant conjecture about the actual monthly blue tick fee. The author’s tweet about Enron alludes to the spectacular collapse of the once-mighty US business following a period of unprecedented expansion.
Mr. Musk, in response to Mr. King’s tweet, “Obviously, we have to come up with a way to pay the rent and the rest of the bills. Twitter will need more than just ads to survive. Okay, how about $8?”
After updating his Twitter bio from “Chief Twit” to “Twitter Complaint Hotline Operator,” Tesla’s CEO promised to explain the reasoning behind charging a fee before it was implemented. The “sole way to beat the bots & trolls,” in his words.
The charge for a verified badge has generated a lot of discussions, with some people suggesting that it’s not justified to make individuals pay for the “blue tick” verification that comes with it.
Following the spectacular events of his Twitter takeover, which Musk claims even reached the court, he has announced changes to the account verification procedure. Not a single nuance was added by him.
If the plan carries forward, users will be required to pay $4.99 per month for Twitter Blue to keep their “verified” credentials.
Platformer predicts that verification will be integrated into Twitter Blue, while this has not been confirmed by Tesla Inc.’s CEO and the project may yet be abandoned.
In June 2017, Twitter introduced Twitter Blue, its first subscription service, which allows users to pay a monthly fee in exchange for “exclusive access to premium services,” one of which is the ability to edit their tweets.