After taking over Twitter Inc., Elon Musk, CEO of Tesla,  stated that the microblogging site was working on “revamping” the blue badge verification procedure. In response to a user’s complaint that his verification was denied four to five times despite having a significant number of followers, Elon stated in a tweet on Monday that the platform would be making changes to the verification process, which could result in the removal of the blue badge that is currently held by verified users.

“The whole verification process is being revamped right now,” Musk tweeted.

People who are familiar with the situation tell Reuters, citing Platformer, that Twitter plans to monetize the coveted blue check mark used to verify an account holder’s identity. Users would have to pay $4.99 per month to subscribe to Twitter Blue in order to keep their “verified” badges if the project moves forward.

“Chief Twit” has not yet made a decision. The report stated that the verification would likely become a part of Twitter Blue, but the project could still be discarded. According to The Verge, who cited internal correspondence that they had access to, Twitter may raise the monthly subscription fee for Twitter Blue from $4.99 to $19.99. Employees working on this paid verification project reportedly received an ultimatum from Musk: either launch the feature by the Nov. 7 deadline or leave.

Verified users would have 90 days to pay for the subscription if the changes are implemented, or they would lose their blue checkmark.