Despite his claims to the contrary, the celebrity CEO’s site keeps bleeding money.
It’s gotten so bad, if you were an early user with a desirable handle, but not many followers – he will seize your handle and sell it to someone else.
Elon Musk
X aka Twitter
Elon Musk’s platform, X, formerly known as Twitter, is now actively selling unused user handles for a substantial sum, starting at $50,000 and above.
Forbes has obtained emails indicating that a dedicated team, referred to as the @Handle Team, is spearheading the establishment of a marketplace for these dormant account names. Some potential buyers have reportedly received emails from X/Twitter, proposing a flat fee of $50,000 to kickstart the acquisition process.
Rumors about Musk’s intention to implement such a program have circulated for months. As early as November 2022, Musk mentioned on the platform that a significant number of handles had been claimed by “bots and trolls,” and he intended to begin “freeing them up next month.” A user even suggested a “Handle Marketplace,” where individuals could buy and sell accounts, with the platform taking a fee, although it’s unclear if such a system is currently in place.
