Elon Musk Replaces Your Bank With X
Elon Musk wants X to be the center of your financial world, handling
anything in your life that deals with money. He expects those features
to launch by the end of 2024, he told X employees during an all-hands
call on Thursday, saying that people will be surprised with “just how
powerful it is.”
“When I say payments, I actually mean someone’s entire financial life,”
Musk said, according to audio of the meeting obtained by The Verge.
“If it involves money. It’ll be on our platform. Money or securities or
whatever. So, it’s not just like send $20 to my friend. I’m talking about,
like, you won’t need a bank account.”
X CEO Linda Yaccarino said the company sees this becoming a “full
opportunity” in 2024. “It would blow my mind if we don’t have that
rolled out by the end of next year,” Musk said.