Elon Musk Suggests Changes to Twitter’s Blue Premium Subscription Payment

Elon Musk, Twitter Inc's largest shareholder, proposed a series of changes to the social media giant's premium subscription service, Twitter Blue, including price cuts, ad bans, and payment capabilities with the cryptocurrency Dogecoin.

Musk announced a 9.2% stake in Twitter just a few days ago and was offered a seat on the board. This is a move to panic about the future of the ability of some Twitter employees to moderate content. However, according to recent reports, Elon Musk has refused to join Twitter's board of directors.

In a Twitter post, the head of electric car maker Tesla Inc said users signing up for Twitter Blue should be given the option to pay using authentication ticks and local currency, significantly cheaper than the current $2.99 per month. 

Launched in June 2021, Twitter Blue is Twitter's first subscription service, offering "exclusive access to premium features" on a monthly subscription basis. It is currently available in the USA, Canada, Australia and New Zealand.