Musk’s X starts selling unused account handles for flat $50,000

San Francisco, Nov 4 : Elon Musk-run X has reportedly started selling user accounts that are not in use anymore, asking a flat fee of $50,000 to begin a purchase.

In November 2022, the new Twitter owner had revealed the idea to kick off such a programme into effect in the coming months.

The billionaire had mentioned that a vast number of handles had been taken by “bots and trolls” and he will start “freeing them up next month".

Musk’s X Starts Selling Unused Account Handles For Flat $50,000-Latest News En

A follower had then suggested a “Handle Marketplace” where people could sell accounts to each other.

ది ప్యారడైజ్ లో నాని లుక్ వెనుక అసలు కథ ఇదేనా.. ఈ షాకింగ్ విషయాలు తెలుసా?...

Now, emails seen by Forbes reveal that an X team called@Handle Team has started work on a “handle marketplace for the purchase of account names left unused by the people who originally registered them”.

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“X has emailed solicitations to potential buyers requesting a flat fee of $50,000 to initiate a purchase,” the report said.

The emails came from active X employees, saying that the company recently made updates to its @handle guidelines, process and fees.

Musk or X did not officially comment on the report.

Reports earlier this year said that Musk planned to free up as many as 1.5 billion usernames “soon.”

జర్మనీ బీచ్‌ల‌లో షాకింగ్ రూల్స్.. బట్టలు వేసుకుంటే ఇక గెంటేస్తారట..?...

In May, X began purging defunct accounts from its platform.

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Meanwhile, X has seen its valuation drop to $19 billion -- less than half of which Musk bought the social media platform for $44 billion last year.

X CEO Linda Yaccarino asserted last month that the company will be profitable by early 2024, adding that the platform may now have 200-250 million daily active users.

According to her, about 1,700 advertisers have returned to the platform.

na/ksk