📺 Stream EntrepreneurTV for Free 📺

Twitter's 'Blue Tick' No Longer a Freebie, Musk Plans To Charge $20 a Month The blue tick is thus far a free verification badge that distinguishes genuine profiles of notable users (celebrities, athletes, news organisations, politicians, etc.) from parodies and fake accounts

By Soumya Duggal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

freepik

They say you can't put a price on authenticity but it seems that Tesla chief Elon Musk is about to do just that. How much, you ask? $20 a month/$240 a year for the rather coveted 'blue tick' on your Twitter account.

"Whole verification process is being revamped right now," said one of Musk's latest tweets. According to a recent report in the Verge, Twitter will now charge users for the blue tick—a hitherto free verification badge that distinguishes genuine profiles of notable users (celebrities, athletes, news organisations, politicians, etc.) from parodies and fake accounts—by restricting it to those willing to spend $19.99 for access to Twitter Blue, a currently $4.99 subscription plan that offers features such as undo and edit as well as ad-free content.

Present blue tick holders will reportedly be given 90 days to subscribe to Blue, else they'll lose the check mark.

The expected move—latest in a slew of changes that Musk has been making post his $44 billion acquisition of the microblogging website, such as firing its top executives, dissolving the board and appointing himself as the CEO—might not have much financial impact on ordinary users. "Twitter will always be free for casual users, but maybe a slight cost for commercial/government users," Musk, currently the world's richest person, has previously said.

Still, those considering becoming a Twitter Blue member for INR 1,656 (i.e. $20) a month might do well to draw comparison with other popular monthly subscription plans: Netflix Basic for INR 199; Apple One for INR 195; Amazon Prime for INR 179; Youtube Premium for INR 139; LinkedIn Premium for around INR 1,500; Swiggy One for INR 75; etc.

Moreover, the possibility of paying to acquire verification badges, which are status symbols for many, is likely to have other ramifications, even contrary ones: while it may democratise the process of acquisition, which has drawn flak for its arbitrariness in the past, it may equally turn it into an elitist weapon to alienate those who simply don't have the money. Additionally, scammers and bot accounts might also see an easy opportunity to buy legitimacy. Naturally, the Twitter community appears divided on the matter, with some poking fun at it and others offering more serious stances.

The funniest reactions have poured in as a response to celebrated author Stephen King and Musk 'haggling' over the new cost of a blue tick.

CRED founder Kunal Shah expects a complete disruption of the status quo:

English journalist Martin Lewis has expressed concerns about scammer presence on Twitter

Soumya Duggal

Former Feature Writer

Leadership

How to Harness the Power of Authentic Storytelling to Become a More Effective and Inspiring Leader

Storytelling enhances business leadership by inspiring a culture of authenticity and trust through sharing relevant personal stories.

Management

Is Selling Your Business the Only Way Out of Burnout? Here Are Five Alternatives to Consider Instead.

When you're burning out as an entrepreneur or business owner, it can feel like selling your business to an outside buyer is your only escape — but I'm here to tell you there are other options. Here are a few to consider if you're unsure about handing over the reins.

Business Solutions

Lock in a Microsoft Office Lifetime License for $25

Build your team's network of tools with this limited-time price drop on word processing, spreadsheet creation, email, and more.

Business News

Red Lobster Suddenly Shutters Dozens of Locations Without Warning Employees, Begins Auctioning Off Equipment

It's estimated that nearly 99 locations have been closed across 27 states, and restaurant paraphernalia is up for auction online — including tanks with live lobsters, furniture, ovens, refrigerators, bars, and more.

Starting a Business

How Much Capital Does Your Startup Need? Here Are 7 Key Factors to Consider.

Here's what you need to assess when determining the amount of capital your startup needs — and how adequate funding can enhance your chances of success.

Growing a Business

'A Surprise Around Every Corner' How This Iconic Bookstore's Innovative Mix of New and Used Books Keeps Book Hunters Coming Back for More.

Here's how Powell's City of Books used its commitment to sustainability and environmental responsibility to create a landmark of literary passion.