Elon Musk’s X to Let You Invest, Trade, and Pay — All in One App!
X, the social media platform formerly known as Twitter, is gearing up to offer a comprehensive range of financial services, including investing, trading, and payment capabilities, according to CEO Linda Yaccarino. The announcement came during an interview at the Cannes Lions advertising festival with the Financial Times.
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“You’ll be able to come to Twitter and be able to transact your whole financial life on the platform,” Yaccarino said. Users can expect features that range from sending money to friends for everyday purchases like pizza to making investment trades—all within the X app. This aligns with Elon Musk’s vision of transforming Twitter into an “everything app” similar to China’s WeChat, which integrates messaging, payments, and shopping.
As part of this push, Twitter plans to introduce X Money, a digital wallet and peer-to-peer payment service backed by Visa, launching in the US later this year. This service will allow users to tip creators, store funds, and buy merchandise directly through the platform.
Additionally, Twitter is exploring the launch of an X-branded credit or debit card, potentially by the end of 2025.
This ambitious move into fintech marks a major expansion of Twitter’s platform capabilities, positioning it as a one-stop destination for both social and financial interactions.
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