Elon Musk on a red carpet.
Elon Musk.
  • A new book, "Character Limit," reveals how Elon Musk sought advice on Twitter Blue from his friends.
  • While mulling over a price point for Twitter Blue, he approached David Sacks, among others.
  • Musk eventually decided to price Twitter Blue at $8 monthly.

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.