Elon Musk is also bringing investment to X: the CEO announced.

2025-06-19 06:24:59

Technology giant Elon Musk does not want to leave X, which he attaches great importance to, only as a social media application. It has long been known that Musk wants to turn the platform into a “super-app”.

Linda Yaccarino, the CEO of X, speaking to the Financial Times, one of the important newspapers of the English financial media, stated that X’s new services will also include investment and trading transactions. The new features are expected to be launched first in the U.S. under the name “X Money”. This system was gradually implemented as part of the collaboration initiated with Visa in January. Transfers can be made through this system between digital wallets within X and bank accounts.

He didn’t mention cryptocurrencies, but…

The cryptocurrency world is closely watching these developments. Although Yaccarino did not mention cryptocurrencies in his statement to the Financial Times, it is seen as a certainty that the platform will integrate cryptocurrencies in the long term, even if not initially.

Currently, X already allows for tipping via the Bitcoin Lightning Network.

It is desired to be like Wechat

The owner of X, Elon Musk’s platform, is known to want to make it similar to Wechat, developed by the Chinese tech giant Tencent.

On Wechat, users can message like Whatsapp, make video calls to each other, share on social media, and also carry out bill payments and money transfers. Many additional features such as restaurant reservations, calling taxis, and making appointments are also available in this application…

Published: June 19, 2025 17:24 Last Updated: June 19, 2025 17:31

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