© Reuters.
Investing.com – Now that Elon Musk is a shareholder of Twitter (NYSE:), he’s starting to get involved in corporate politics. The CEO of Tesla (NASDAQ:) and Spacex, suggested making Twitter a payment option for the Twitter Blue subscription service.
Musk is now Twitter’s largest shareholder and has acquired a 9.2% stake in the company. He recently promised to make “meaningful improvements” to Twitter. He has actively engaged in dialogue with Twitter users about potential improvements to the social media platform ever since.
Other planned changes
One of the ideas he discussed on Twitter is about the authentication tick. Musk suggested that anyone who signs up for the Twitter Blue subscription service and pays $3 a month should get an authentication tick.
Responding to a user requesting that the price be lower in Argentina, since an entire family eats there for $3, the Tesla boss agreed that it “should be commensurate with affordability & in local currency.”
Also, he suggested that one of the payment options could be “to pay in Doge”. Twitter Blue is a monthly subscription service launched in June last year. It’s currently available in the US, Canada, Australia and New Zealand and provides access “to premium features like Undo Tweet”. Blue subscribers have 20 seconds to edit their tweets before they are sent.
According to Elon Musk, the price should be revised downwards. “The price should probably be around $2/month but it has to be paid 12 months upfront and the account doesn’t get the authentication mark for 60 days and it’s suspended without refund if used for scams or spam.”