Twitter blue ticks to cost $8 a month, says Elon Musk

Getting a coveted blue tick on Twitter now costs $8 (£7) a month, Elon Musk has said as he seeks to overhaul the social media app with a whirlwind of product changes and a staff overhaul.

The Tesla billionaire said the verification tick, which is normally given free to celebrities, journalists, brands and public figures to show their authenticity, would soon be subject to a fee.

According to reports, the world’s richest man, who acquired Twitter for $44 billion after a bitter legal battle, had considered charging up to $20 a month. He had asked on Twitter how much people would be willing to pay for a subscription to the social network.

In posts on Twitter on Tuesday, Mr Musk also said the premium subscription, called Twitter Blue, would offer priority answers and reduce advertising. It would also allow users to access some news articles hidden behind paywalls.

Mr Musk said the subscription would include a “paywall bypass for publishers willing to partner with us”.

The billionaire’s comments come as he makes a flurry of changes to Twitter in a turbulent week at the social media company.

Several senior executives have resigned or been fired, including the CEO, the Chief Financial Officer, the General Counsel, and the entire Board of Directors. On Tuesday, the diversity leader announced that she left the company on Friday.

Many Twitter employees are reportedly at risk of being fired if they prepare products for launch under tight deadlines or risk being fired.

Read the latest updates below.

https://www.telegraph.co.uk/business/2022/11/01/ftse-100-markets-live-news-tax-rises-twitter-musk-bp/ Twitter blue ticks to cost $8 a month, says Elon Musk

Russell Falcon

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