X Launches Handle Marketplace: A New Platform for Verified Organizations to Purchase Dormant Account IDs

Elon Musk has launched a new platform called the Handle Marketplace on the social media platform X (formerly Twitter), offering verified organizations a chance to buy dormant account IDs. The marketplace allows these organizations to acquire usernames ranging from $10,000 to $500,000, with prices determined by their value and rarity. 💰 🔒 💥 X’s move seeks to capitalize on its digital assets while facing a decline in advertising revenues and company valuation.