Elon Musk’s X Will Soon Enable Investments and Trading on Platform
Elon Musk's X platform aims to transform into an "everything app," allowing users to make investments and trades. CEO Linda Yaccarino announced that features such as peer-to-peer payments, value storage, and paying content creators will soon be available.
- X has partnered with Visa to create "X Money," a digital wallet and P2P payment service.
- The goal is to emulate the functionality of WeChat, integrating various retail and financial services.
- Musk's history with cryptocurrencies includes holding 11,500 BTC worth $1.2 billion through Tesla and promoting memecoin DOGE.
- Speculation exists that upcoming financial services on X may incorporate cryptocurrency.