Elon Musk to 'revamp' Twitter's user verification process, will reportedly charge $20 a month for Twitter Blue

Elon Musk announced on Sunday that Twitter will revise its user verification process, days after the South African-born billionaire took over one of the world's most-used social media platforms.

"Whole verification process is being revamped right now," Musk tweeted.

It is unclear what revisions will be made, but Twitter may soon require verified users to subscribe to Twitter Blue to keep their blue checkmarks. Technology newsletter Platformer reported that the company is considering it, citing two people familiar with the matter. 

Twitter Blue, which currently costs $4.99 a month, may also increase to $19.99 a month, according to The Verge.

Twitter Blue was launched last summer as Twitter's first subscription service, offering "exclusive access" to premium features, such as the option to edit tweets.