Elon Musk considers charging Twitter users $20 a month for verified accounts

World's richest person plans revamp of social media platform, asking users if he should bring back Vine

Elon Musk is considering charging Twitter users $20 (17.30) a month or $240 a year for a blue tick on their account, as the world's richest person prepares an overhaul of the social media platform.

The Tesla chief executive is planning changes to Twitter's Blue subscription service, according to the tech newsletter Platformer, including raising the $4.99 a month fee to $19.99. Users verified by the platform - who carry a blue tick flagging them as an authentic source - would have 90 days to sign up to Blue or lose their check mark.