As Twitter’s latest board member and largest shareholder, Elon Musk is already floating options for modifications he’d prefer to see on the social media platform.
In a collection of tweets late Saturday, the Tesla and SpaceX CEO stated that the corporate ought to embody an “authentication checkmark” as a characteristic of its Twitter Blue premium subscription service, which prices $2.99 a month.
Twitter provides a checkmark emblem subsequent to a consumer title when the account has been verified “genuine, notable and energetic.”
Musk additionally steered Twitter make the authentication checkmarks of premium subscriber accounts totally different than these granted to official accounts belonging to public figures, for instance.
Such a transfer, Musk stated, would “massively increase” the pool of verified consumer accounts and discourage the proliferation of spam “bot” accounts, making them too costly to take care of.
Musk additionally shared concepts for the way Twitter ought to cost for its subscription membership, saying the payment “must be proportionate to affordability and in native foreign money,” and including: “Possibly even an choice to pay in Doge?” referring to the Dogecoin cryptocurrency.
“And no advertisements,” Musk tweeted. “The facility of firms to dictate coverage is significantly enhanced if Twitter is determined by promoting cash to outlive.”
Practically 90% of Twitter‘s income in 2021 got here from promoting.
Musk’s newest tweets about Twitter, together with posting polls asking his 81 million followers whether or not Twitter is “dying” and whether or not the corporate’s San Francisco headquarters must be transformed right into a homeless shelter “since nobody exhibits up anyway,” adopted a tweet earlier within the week asking if he ought to add an edit button on the platform.
Final week, Twitter disclosed in a regulatory submitting that it entered into an settlement with Musk giving the billionaire a seat on the corporate’s board, with the time period expiring at its 2024 annual shareholders assembly. The transfer got here a day after it was disclosed that Musk took a 9% stake within the firm.
Twitter didn’t instantly reply to an e mail looking for remark Sunday.
