Why does X Premium cost $8? Elon Musk figured that's how much a cup of Starbucks costs.

Why does X Premium cost $8? Elon Musk figured that's how much a cup of Starbucks costs.

Tayfun Coskun/Anadolu via Getty Images

Elon Musk approached a small circle of friends and acquaintances with little to no experience running a social media company to decide the optimal price of Twitter Blue before he landed on $8 a month — an amount he believed people usually paid for a cup of Starbucks, according to an upcoming book written by New York Times reporters Kate Conger and Ryan Mac.

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