Elon Musk launched Twitter Blue with user verification, leading to misinformation and financial losses.

Elon Musk's Twitter Blue, which allowed users to purchase verified blue checkmarks for $8 a month, prompted warnings from Twitter employees before its launch. Ignoring their concerns, the launch led to fake accounts spreading misinformation and eroding user trust. Twitter Blue, initially a small part of Musk's business, has suffered from poor planning and Musk's erratic decision-making, causing financial losses and tarnishing his reputation as an entrepreneur.