Social media consultant Matt Navarra first reported that Twitter is reaching out to businesses about the plan.
Twitter currently offers gold checks to verified businesses, and also allows them to place a small, hyperlinked version of their logo next to the gold check of other pages associated with their business.
In addition to the $1,000 per month for a business account, Twitter plans to charge $50 each for the affiliated accounts, according to The Information's Erin Woo.
The plan was relaunched in December, when the gold checks were first introduced as an added layer of distinction between verified businesses and individuals who had just paid $8 for the blue check.
Last month, Musk also advertised a yet-to-be-released subscription service for Twitter that would allow users to access the site without ads.