Elon Musk delays $7.99 Twitter verification fee for midterm elections 2022

Elon Musk delays $7.99 Twitter verification fee for midterm elections 2022

Elon Musk has postponed his plan to charge Twitter users a $7.99 monthly subscription fee for the blue tick.

This development comes a day ahead of the midterm elections 2022 in the United States.

Musk put a hold on policy changes over concerns about the spread of fake news across the social media platform.

Twitter employees insisted anyone could pay for the blue tick and create accounts as President Biden and other officials.

Scammers could then spread false information about voting results on verified accounts ahead of Tuesday's election.

Musk introduced his Twitter Blue subscription fee for verified users over the weekend.

He promised all subscribers would get a blue checkmark "just like celebrities."

Musk purchased Twitter for a whopping $44 billion in late October.

Since his takeover, Musk has fired several top executives and thousands of employees, resulting in a $4 million per day loss.