Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

Elon Musk set to charge Twitter elite $8 a month for blue tick

by
November 2, 2022
in Investing
0
Elon Musk set to charge Twitter elite $8 a month for blue tick
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Twitter users have been bracing themselves to see Elon Musk’s vision for the platform. Now it seems he has his sights on the coveted blue tick.

Prominent users from Gary Lineker to Barack Obama will have to pay $8 a month for the privilege of “verified” status. Musk outlined a package that he said would help Twitter to “pay the bills” after his $44 billion takeover. Users will have to choose whether to give up their blue tick or pay to keep it.

Musk attacked Twitter’s existing framework for authenticating users, which has given several hundred thousand accounts ticks marking their verified status, as a “lords & peasants system”. He pitched the subscription at $8 a month, but stressed that the price would vary by country.

The horror writer Stephen King said Twitter should pay him for tweeting and that he would leave if the changes went ahead. Musk, who is now chief executive after ousting the entire board of directors, replied to King: “We need to pay the bills somehow! Twitter cannot rely entirely on advertisers.”

He indicated that tweets by paying users would be prioritised and said they would be able to post longer video and audio clips, see fewer adverts and bypass some publishers’ paywalls.

Musk, 51, has changed his Twitter bio from Chief Twit to Twitter complaint hotline operator after criticism from users about the fee. He tweeted: “To all complainers, please continue complaining, but it will cost $8.”

He said he stole the idea of charging for insults and arguments from Monty Python and shared to a sketch by the group, titled Argument. The sketch sees a character, played by Michael Palin, become enraged after paying for a five-minute argument with John Cleese.

The world’s richest man is trying to diversify the company, which has relied on advertising for more than 90 per cent of its business. Some clients have been spooked by Musk’s takeover, including General Motors, which has paused advertising.

Musk’s $200 billion fortune is largely from vast stakes in Tesla, the electric carmaker, and SpaceX. He first agreed to buy Twitter in April, but later sought to pull out. After months of wrangling, and with a court date approaching, he agreed last month to acquire it after all.

Efforts to reassure advertisers that Twitter will not, in Musk’s words, become a “free-for-all hellscape” have yet to reassure some heavyweight clients. General Motors, a rival of Tesla, announced it had paused advertising on Twitter while awaiting details on its new direction.

Musk flew to New York on Monday and his aides have been meeting with advertisers in the city.

Read more:
Elon Musk set to charge Twitter elite $8 a month for blue tick

Previous Post

How casinos deal with gambling addiction

Next Post

Rishi Sunak’s stealth tax to cost middle earners £3,500 a year

Next Post
Rishi Sunak’s stealth tax to cost middle earners £3,500 a year

Rishi Sunak’s stealth tax to cost middle earners £3,500 a year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

Microsoft Planner vs Trello: Which Project Management Tool is Better?

May 24, 2023

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021

The Foot Factory Unveils Larger Retail Space at Bow Street Mall, Lisburn

0

0

0

0

The Foot Factory Unveils Larger Retail Space at Bow Street Mall, Lisburn

November 6, 2025

Design Research Mastery Book Launches in UK/EU by Design Talent CEO, Predicting UX Career Growth Amid AI Shift

November 6, 2025

Takafa Launches Handcrafted Luxury Notebook Collections Across the UK

November 6, 2025

Australian Agritech Showcases Innovation at Agritechnica 2025 for the First Time

November 6, 2025

Recent News

The Foot Factory Unveils Larger Retail Space at Bow Street Mall, Lisburn

November 6, 2025

Design Research Mastery Book Launches in UK/EU by Design Talent CEO, Predicting UX Career Growth Amid AI Shift

November 6, 2025

Takafa Launches Handcrafted Luxury Notebook Collections Across the UK

November 6, 2025

Australian Agritech Showcases Innovation at Agritechnica 2025 for the First Time

November 6, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.