Tesla CEO Elon Musk, appearing here in March, proposed a series of changes to Twitter’s subscription service, including a price change and the option to pay in dogecoin.
Patrick Pleul | AFP | beautiful pictures
Elon Musk tweeting about Twitter Again.
This time, he’s making a series of recommendations for Twitter Blue, the social media giant’s subscription service. These include discounts, dogecoin payment options, and ad bans.
Billionaire CEO of Tesla and SpaceX – currently owns 9.2% of Twitter – is a prolific, regular Twitter user moves the market with his tweets.
He was Appointed to Twitter’s Board of Directors on Tuesday and said he looks forward to working with the board to make “significant improvements to Twitter in the coming months.”
Released in JuneTwitter Blue is the social media giant’s first subscription service for those willing to pay for exclusive access to special features – such as the “Undo Tweet” feature. custom Twitter app icons and ability to add bookmarks.
In one a bunch of tweets on Saturday, Musk suggested no ads and reduced subscription prices.
“Everyone who subscribes to Twitter Blue (i.e. pays $3/month) will have a checkmark,” he tweeted.
“Price should probably be ~$2/month, but pay 12 months in advance and the account doesn’t get a check mark for 60 days (see CC chargebacks) and is suspended for no refunds if used for scam/spam,” he said.
“And no ads. The power of corporations to make policy would be greatly enhanced if Twitter depended on advertising dollars to survive,” he added.
Musk also suggested that pricing “should be commensurate with affordability and in local currency.”
“Maybe even an option to pay in Doge?” he proposed, referring to cryptocurrencies.
Twitter has yet to respond to CNBC’s request for comment.
The Twitter Blue service is only available in the US, Canada, Australia and New Zealand.
The undo feature allows subscribers to change their tweet before it goes live. It is not an editing feature that Twitter users often request. “It’s not an edit button, but an opportunity to preview and modify your Tweet before it’s posted for the world to see,” the company said.
