Elon Musk's Vision for Twitter X: A Full-Fledged Financial Platform


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Elon Musk, when he acquired Twitter last year, began to partially realize his statement, "I want the platform to be the application for everything." Musk, especially focusing on advancing the platform in terms of finance, held a video conference with

Elon Musk, when he acquired Twitter last year, began to partially realize his statement, "I want the platform to be the application for everything." Musk, especially focusing on advancing the platform in terms of finance, held a video conference with company employees yesterday.

"Bank accounts will not be necessary" According to a report in the U.S. media outlet Verge, Musk stated in his conversation with employees that Twitter X will encompass all aspects of financial management and used the following expressions:

"When I say payments, I mean a person's entire financial life. Everything related to money will be here. Money and securities... I'm not just talking about sending $20 to someone. You won't need a bank account. That's what I want to say..."

"PayPal's current state is lacking..." Musk claimed that he and David Sacks co-wrote the roadmap for the payment giant PayPal, but later noted that many of the listed features were not used:

"We wrote the roadmap in 2000 with David Sacks. Many of the listed features were not used later. Some existing features were even withdrawn. So, PayPal is not a complete application at the moment. It is lacking compared to what it was 23 years ago

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