Elon Musk Sets $8 A Month Fee For Twitter Blue Tick Verification

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Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration. [REUTERS/Dado Ruvic/Illustration/File Photo]

Elon Musk said that blue-tick verification on Twitter will cost users $8 a month as he seeks to add a revenue stream, days after completing the $44-billion takeover of microblogging site.

Twitter's current "lord and peasants system" will be changed, he tweeted. The cost of $8 a month “will include paywall bypass, priority in replies, mentions, and search, ability to post long audio and video and reduce ads on the platform”.

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The price is adjusted by country proportionate to purchasing power parity. This will give Twitter a revenue stream to "reward content creators", he said.

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