Elon Musk says he wants to charge $8 a month for Twitter's "blue check" verification badge

Twitter CEO Elon Musk now says he wants to charge users $8 per month to retain their verification badge or obtain one on the platform — after an earlier report suggested he might seek even more for the privilege.

On Tuesday, Musk outlined his plan on Twitter and called the current system that gives out the blue checkmark badges "bulls**t." The blue check feature, indicating that the person's identity has been verified, would become part of Twitter Blue, which costs $5 a month. 

"Power to the people! Blue for $8/month," he wrote.