• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechElon Musk

‘We need to pay the bills somehow!’ Elon Musk haggles with Stephen King over verification fee after horror master blasts $20 price plan

Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
November 1, 2022, 8:51 AM ET
Elon Musk haggled with Stephen King over the cost of his Twitter account in what amounted to a tacit confirmation he will hit up some of the platform's most valuable personalities.
Elon Musk haggled with Stephen King over the cost of his Twitter account in what amounted to a tacit confirmation he will hit up some of the platform's most valuable personalities.Taylor Hill—Getty Images

What began as a safety measure to distinguish real people from impersonators on Twitter will almost certainly become a perk exclusively reserved for paying accounts.

Elon Musk, the reluctant new owner of Twitter, confirmed the plans on Tuesday in a reply to author Stephen King’s own horror at a report he will soon need to pay $240 a year for the privilege of keeping his account’s official blue-check verification. 

King’s visceral reaction came after The Verge said Musk put engineers on a deadline to develop a paying verification product by Nov. 7 or lose their job. Those blue-check Twitter accounts—estimated to number around 400,000—that fail to accept the for-pay offer in 90 days would forfeit their verified status. 

“We need to pay the bills somehow!” the tech entrepreneur wrote, before floating a lower price. “Twitter cannot rely entirely on advertisers. How about $8?”

However, demand for such a paid service is extremely limited as evidenced by a poll from Musk lieutenant Jason Calacanis, who asked Twitter users what they would be prepared to pay for a blue check.

I will explain the rationale in longer form before this is implemented. It is the only way to defeat the bots & trolls.

— Elon Musk (@elonmusk) November 1, 2022

Out of the nearly 2 million accounts that have responded so far, more than four out of five refused flat-out. Another 18% were willing in theory at least to pay at least a minimum of $5 per month, but there is a margin of error as not all would likely fully convert and nearly 5% of all users are, according to Twitter, fake or spam accounts.

On Monday, King, who got a lot of support for his comments, wasn’t biting at Musk’s discounted price offer either: “It ain’t the money, it’s the principal of the thing.”

Indeed, data suggests the company’s limited attempt at creating a premium service—Twitter Blue—has been a dismal failure after raising less than $4 million over a year. Calacanis even texted Musk in mid-April that Blue’s features were “dogshit,” adding that “it’s worth paying to turn it off!”

Hitting up companies and other commercial interests that need official Twitter accounts for everything from sales lead generation to customer support is one possible avenue of increasing revenue. 

Yet paying fundamentally upends the purpose of a verified private account. If anyone can spend money to get a blue check, then it would no longer act as a universal tool for easily distinguishing valuable authentic accounts from possible fake ones. Plenty of important opinion-shaping individuals across the political spectrum could become open game for bad actors.

“I got verified because I was being harassed and part of the harassment was accounts pretending to be me,” wrote physicist and author Chandra Prescod-Weinstein on Sunday. “Verification should be open to all and free—but it’s a safety thing.”

Only way to defeat bots

There are deeper ramifications, however. Twitter and other forms of social media have been a means for dissidents in autocracies and dictatorships to organize as well as a megaphone to express their political dissent. 

If a malevolent regime were to spend money to disseminate misinformation under the guise of verified accounts—for example on the time and place of a protest—lives could potentially be at stake. 

“Verification of accounts like journalists, media, human rights orgs, etc. isn’t just a status signal or nice-to-have,” said Courtney Radsch, a fellow at the Institute for Technology, Law & Policy in Los Angeles. “It’s a safety feature that ensures sources know they’re contacting the real account. This had life & death implications in Syria.”

Verification of accounts like journalists, media, human rights orgs, etc isn't just a status signal or nice-to-have @elonmusk. It's a safety feature that ensures sources know they're contacting the real account. This had life & death implications in Syriahttps://t.co/FCjdGZXAGC

— Dr. Courtney Radsch (@courtneyr) October 30, 2022

The current debate boils down to a thorny dilemma that surfaced after Musk paid dearly for the loss-making company: he now has to find a way to somehow deliver an acceptable return for his elite group of co-investors, which include the kingdom of Saudi Arabia.

The Tesla CEO had attempted to ditch the deal entirely, citing a proliferation of bot and spam accounts. Legal experts said this was a transparently flimsy argument that would never prevail, and Twitter’s board promptly sued to force him to go through with the deal. 

Sensing he would lose the case in a five-day expedited trial, and facing what could be an embarrassing plaintiff cross-examination, Musk acquiesced last month to pay the full amount agreed in April without even so much as a face-saving markdown in price.

Now the new owner, who has now changed his bio from “chief twit” to “Twitter complaint hotline operator,” said hitting up verified accounts was a vital prerequisite to improving the platform’s experience for all 238 million daily active users.

“I will explain the rationale in longer form before this is implemented,” said Musk. “It is the only way to defeat the bots and trolls.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Christiaan Hetzner
By Christiaan HetznerSenior Reporter
Instagram iconLinkedIn iconTwitter icon

Christiaan Hetzner is a former writer for Fortune, where he covered Europe’s changing business landscape.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Even Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
NewslettersEye on AI
Even Nvidia’s own research teams can’t get enough GPUs amid the race for AI computing power
By Sharon GoldmanApril 9, 2026
7 hours ago
You’re looking at the AI revolution all wrong, top economist says: 40% unemployment and a 3-day work week are the same thing
AIdisruption
You’re looking at the AI revolution all wrong, top economist says: 40% unemployment and a 3-day work week are the same thing
By Nick LichtenbergApril 9, 2026
8 hours ago
Zoom CEO Eric Yuan
Successthe future of work
‘I hate working 5 days’: Zoom CEO says traditional work schedules are becoming obsolete—and predicts a 3-day workweek by 2031
By Preston ForeApril 9, 2026
9 hours ago
Nutella seen aboard the Orion spacecraft Integrity.
RetailFood and drink
Nutella jumps on the best product placement money can’t buy: a trip to the far side of the moon
By Catherina GioinoApril 9, 2026
10 hours ago
kash
Cybersecuritycyber
Trump’s ‘cease-fire’ won’t stop Iranian hackers for long, cyber experts say
By David Klepper and The Associated PressApril 9, 2026
10 hours ago
lego
PoliticsIran
AI-savvy pro-Iran groups troll America with Lego Movie-style propaganda videos mocking American failure
By Sam McNeil and The Associated PressApril 9, 2026
10 hours ago

Most Popular

The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
Economy
The U.S. government is spending $88 billion a month in interest on national debt—equal to spending on defense and education combined
By Fortune EditorsApril 9, 2026
12 hours ago
The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis management
Economy
The U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon. But the government did nothing, and now its best option is crisis management
By Fortune EditorsApril 8, 2026
2 days ago
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran
Energy
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran
By Fortune EditorsApril 7, 2026
2 days ago
Self-made billionaire MrBeast says his work-life balance is nonexistent and calls it a ‘miracle’ if he works less than 15-hour days: ‘I live to work’
Success
Self-made billionaire MrBeast says his work-life balance is nonexistent and calls it a ‘miracle’ if he works less than 15-hour days: ‘I live to work’
By Fortune EditorsApril 8, 2026
1 day ago
Gen Z workers are so fearful AI will take their job they’re intentionally sabotaging their company’s AI rollout
AI
Gen Z workers are so fearful AI will take their job they’re intentionally sabotaging their company’s AI rollout
By Fortune EditorsApril 8, 2026
1 day ago
Gen Z doesn't want your full-time job. They want several part-time roles, and it's reshaping the entire workforce
Success
Gen Z doesn't want your full-time job. They want several part-time roles, and it's reshaping the entire workforce
By Fortune EditorsApril 9, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.