Will X become a kind of bank? According to the claim in The Verge’s news, it may be so… Because according to that claim, Elon Musk wants X to be the center of your financial world and manage everything related to money in your life.
According to the news, Musk talked about some details, including when these features will be available, in a meeting with X employees on Thursday!
“PEOPLE WILL BE SURPRISED HOW POWERFUL YOU ARE”
Allegedly, Musk said at that meeting that he expected these features to be available by the end of 2024, adding that people would be surprised “how powerful it is.”
YOU WON’T NEED A BANK ACCOUNT… “I WILL LOSE MY MIND IF WE DO NOT MAKE IT AVAILABLE BY THE END OF NEXT YEAR”
It was said in the news that an audio recording of the meeting was obtained. Accordingly, Musk said, “When I say payments, I actually mean someone’s entire financial life. If it involves money. It will be on our platform. Money or securities or whatever. So, it’s not like just sending $20 to my friend. I’m talking about you won’t need a bank account.” .” said. “If we don’t make this available by the end of next year, I’ll lose my mind,” Musk said. He also used the expression.
The company is currently trying to obtain money transfer licenses across the US to be able to offer financial services.
In his statement to employees, Musk said that he hoped to receive the other documents that X needed “in the next few months.”
IS THE PLAN TO TRANSFORM X INTO A FINANCIAL CENTER RELATED TO THE SUPER APPLICATION GOAL?
Musk has previously expressed plans to turn X into a financial services center. It has previously said the platform will offer high-yield money market accounts, debit cards, checks and loan services, and aims to enable users to “send money instantly and in real time anywhere in the world.”
Transforming
