Back in 2022, around the All-In podcast, Musk reported which the US needs an excellent application. "It's both transform Twitter to that or start off one thing new. It does require to occur by some means," he mentioned. 

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At Tesla's yearly shareholder Conference that same month, Musk claimed he had "a fairly grand vision" for X as "something that could be very valuable to the earth."

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The importance of your X app lies in its alignment with Elon Musk’s eyesight of transforming the platform into an “every little thing app,” akin to China’s WeChat. Right after Musk acquired Twitter for $44 billion in 2022, he aimed to revolutionize it into a comprehensive Option for people’ financial life.

Absolutely nothing can sluggish us down. X is part of the constellation of firms Doing the job with the betterment of humanity.”

Twitter's new trading attribute will come following Musk merged Twitter underneath the X Corp this 7 days and filed for regulatory licenses that might facilitate in-app payments.

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Building an all the things app includes any number of issues, ranging from fierce Competitiveness from well-resourced rivals and upstarts to regulatory boundaries and client Tastes.

Even though Twitter buyers are already ready to lookup economic information given that 2022 as a result of "Cashtags" by typing within a greenback sign and ticker symbol, the partnership will develop the quantity of monetary assets that can be considered.