Elon Musk Unveils New Twitter Verification System That Will Include Color-Coded Checkmarks

Since taking over Twitter in October, CEO Elon Musk has faced quite the wave of grievances and headaches. Yes, some (most) were self-inflicted thanks to his off-the-handle tweets likely made on the porcelain throne, but his promise to rid the platform of bot accounts has thus far been muddled with failed solutions.

After purchasing the platform for a whooping $44 billion, Musk promised to prioritize Twitter’s opaque user verification system. He unveiled a new scheme whereby users could pay $8 per month for a blue checkmark, with the hope of solving two main conundrums: the company’s falling revenues, and surmounting pile of “bot” accounts. However, the strategy didn’t go as planned, after freshly-verified users began impersonating actual verified accounts— including insulin maker Eli Lilly &Co., and even Musk’s own EV company Tesla, posting misleading tweets.

Musk was soon forced to scrap the feature, and instead come up with something more fool-proof. In a tweet posted on Friday, Musk said a newly re-designed verification system for paid users will be “tentatively” unveiled next week. “We’re tentatively launching Verified on Friday next week,” he said, adding that under the new system, subscribers will get a blue checkmark to prove their verified status, while government accounts will receive a grey checkmark, and companies will get a gold tick.

“All verified accounts will be manually authenticated before [the] check activates,” Musk continued, conceding that the move is “painful, but necessary.” He promised to provide additional clarity on the overhauled verification system next week.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Information for this briefing was found via Twitter. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Elon Musk: Tesla Must Become More Involved in Lithium Mining

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk, almost certainly the most influential business figure in...

Monday, April 11, 2022, 01:30:00 PM

Elon Musk Removes $8 Subscription Option, Reinstates ‘Official’ Account Badges

New Twitter boss Elon Musk decided to reinstate the coveted “official” blue badge to certain...

Friday, November 11, 2022, 09:41:52 AM

Musk Reports $150B In Savings, Dwarfed From Promised $1 Trillion DOGE Cut

Elon Musk’s latest projection of savings linked to his much-touted DOGE initiative has fallen drastically...

Friday, April 11, 2025, 03:42:00 PM

X Grants Employees RSUs at $45 Share Price, Valuation Drops by 55% in a Year

X, the platform formerly known as Twitter, has recently been valued at $19 billion, based...

Wednesday, November 1, 2023, 02:59:00 PM

ElonJet is Back, On Threads This Time

College student Jack Sweeney, known for creating the banned @ElonJet Twitter account that tracked Elon...

Tuesday, July 11, 2023, 03:40:00 PM