Elon Musk on changes to Twitter Blue, says dogecoin should be accepted – Reuters

Tesla CEO Elon Musk, featured here in March, proposed a series of changes to Twitter Blue, the social media giant’s subscription service, including price changes and the ability to pay in dogecoin.

Patrick Pleul | AFP | Getty Images

Elon Musk tweets again on Twitter.

This time, he offered a slew of suggestions for Twitter Blue, the social media giant’s subscription service. They include a price drop, the ability to pay in dogecoin, and a ban on ads.

The billionaire CEO of Tesla and SpaceX – who now owns 9.2% of Twitter – is a prolific Twitter user, often moving markets with his tweets.

He was named to Twitter’s board of directors on Tuesday and said he looked forward to working with the board to bring “meaningful improvements to Twitter in the months ahead.”

Launched in June, Twitter Blue is the social media giant’s first subscription service for those willing to pay for exclusive access to special features, such as an untweet function, app icons Custom Twitter and the ability to add bookmarks.

In a series of tweets On Saturday, Musk suggested there should be no advertising and the subscription price should be reduced.

“Everyone who signs up for Twitter Blue (i.e. pays $3/month) should get an authentication checkmark,” he tweeted.

“Price should probably be around $2/month, but paid 12 months in advance and account is unchecked for 60 days (watch for CC chargebacks) and suspended with no refund if used for scam /spam,” he said.

“And no advertising. The power of corporations to dictate policy is greatly increased if Twitter depends on ad money to survive,” he added.

Musk also proposed that the price “should be commensurate with affordability and in local currency.”

“Maybe even an option to pay in Doge?” he suggested, referring to cryptocurrency.

Twitter has not yet responded to CNBC’s request for comment.

The Twitter Blue service is only available in the United States, Canada, Australia and New Zealand.

The undo feature allows followers to edit their tweet before it goes live. This is not an editing function, often requested by Twitter users. “It’s not an edit button, but a chance to preview and revise your Tweet before it’s published for the world to see,” the company said.

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