Elon Musk’s X Has Started Selling Off Old Twitter Handles For Upwards Of $50,000

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I'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.

Rumored to be in the works for the past year, the initiative appears to have begun rolling out with email solicitations being sent to potential buyers.

X, the social media site formerly known as Twitter, appears to have begun ramping up efforts to sell disused user handles, kicking off a program previously signaled by billionaire owner Elon Musk.reveal that a team within the company, known as the @Handle Team, has begun work on a handle marketplace for the purchase of account names left unused by the people who originally registered them.

Musk’s company has been rumored to be planning to put such a program into effect for months. As early as November 2022, Musk posted on the social media site that a “vast number” of handles had been taken by “bots and trolls” and that he planned to start “freeing them up next month.” (In response, a user

a “Handle Marketplace” where people could sell accounts to each other, with the site pocketing a fee;By the next month, X employees were already discussing the sale of X/Twitter handles, per a Januarywith Musk posting that he planned to free up as many as 1.5 billion usernames “soon.” In May, X

 

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Ex/Ante, VC Firm Focused On Online Privacy And Security, Raises $33 MillionI'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
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