Twitter CEO Elon Musk confirmed today that the character limit will eventually be raised to 4,000.

According to Elon Musk, who was asked whether the rumor that Twitter would raise the character limit of its tweets to 4,000 is true, he confirmed that the rumor is true, but did not provide any further information on the topic.
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The presentation slides Elon Musk released in November indicate that Twitter 2.0 will feature long tweets, videos, payments, encrypted private messages, blue label authentication optimization, and Ads as a Service.