Elon Musk has proposed that Twitter Verified Accounts will cost $8 per month

Elon Musk- The world’s richest person

Elon Musk made clear the company’s approach to Twitter Blue’s redesign after much doubt. He stated that the new premium plan will cost $8 per month, which he disclosed in response to Stephen King’s tweet. Furthermore, the price will be modified based on the country’s purchasing power parity, implying a global debut of Twitter Blue.

According to Musk’s tweet, the social network’s existing verification mechanism is analogous to a “lords and peasants” arrangement. His tweet about the new premium plan indicated that users would be offered verification.

Elon Musk also mentioned some of the features that will be available with this new plan, such as fewer advertisements, priority in replies (which verified handles receive via the “Verified” notification channel), mentions, and search, as well as the ability to upload longer videos than the existing limit of 2 minutes and 20 seconds.

Elon Musk has a habit of quickly changing his mind, so we should take this statement with a level of caution. When Twitter launches its new membership service, this may not be the final set of features.

According to reports earlier this week, Musk and Twitter are reworking the authentication procedure, which might cost up to $20 per month. However, the billionaire appears to have settled on the $ 8-a-month pricing for the time being. According to the sources, current verified users would lose their blue tick if they do not pay for the new subscription plan. Musk has not mentioned any such step in the new subscription plan Twitter thread.

TechCrunch reported earlier today that Twitter is discontinuing support for ad-free articles supplied through its Twitter Blue program. The program’s demise was announced in an email to interested publisher partners.

While Twitter is discontinuing payments and agreements with its latest set of content providers, Musk stated that the business will launch a new program for publishers wanting to engage with the firm to breach paywalls.  He also stated that the subscription income stream will aid Twitter in rewarding content creators, but he did not elaborate.

A date for the implementation of this new premium plan is a critical feature lacking from this thread. According to CNBC, the Tesla and SpaceX executive has set unusually strict deadlines for the Twitter Blue redesign, with some employees required to work 12-hour days.

Twitter Blue is now accessible in the United States, Canada, Australia, and New Zealand. Notably, according to Sensor Tower data, Twitter’s app has produced just $6.4 million through in purchases to the deadline, with Blue being the most expensive. Musk and the company will be hoping that such a new subscription model does better than that.

During Elon Musk's takeover, verified celebrities are leaving Twitter

Some celebs in Hollywood are fleeing Elon Musk’s acquisition of Twitter.

Shonda Rhimes, the creator of Grey’s Anatomy, and others in the entertainment industry have announced their intention to leave the platform now that Musk owns it.

I’m not interested in anything Elon has planned. “Bye,” Rhimes tweeted to her almost two million followers on Twitter on Saturday evening.

Toni Braxton, another Grammy winner, also responded to her almost two million followers on Friday. “I’m startled and disgusted at some of the ‘free speech’ I’ve witnessed on this platform after its takeover,” she wrote.

Elon Musk makes modifications quickly after purchasing

After months of back-and-forth, Musk agreed to buy Twitter for $44 billion on Thursday last week. The Tesla CEO proclaimed his historic achievement by entering the Twitter headquarters in San Francisco while holding a sink, which was complemented by a tweet with the caption: “Entering Twitter HQ—let that sink in!

Elon Musk has made significant adjustments since then. He removed key executives, including the company’s CEO, Parag Agrawal, and appointed himself CEO.

He has also apparently assembled a team of colleagues to assist him with running the business, including Calacanis and his attorney, as well as enlisting Tesla staff to examine Twitter’s code.