Twitter’s X To Become Half of the World’s Financial System: Elon Musk
Cetoex News - Elon Musk is all set to rebrand Twitter’s iconic blue bird logo into X. The reshaping of the social media giant could also integrate payment systems across the world. Users might be able to send and receive money through Twitter’s X, hinted the billionaire in a recent interview.
Musk is bullish on X and forecasted that the payment integration could become half of the global financial system. However, he cautioned that its success could be possible only if things fall into place as planned and are done right.
“X would become half of the global financial system,” said Musk adding, “if done right”. The tech entrepreneur did not reveal further details about the payment systems but laid it out there that Twitter could take a new turn in the financial world.
Musk has been making constant changes to Twitter after he purchased the social media giant in October last year. He brought Twitter for $44 billion and has been championing making it better in terms of user experience.
Twitter’s new CEO Linda Yaccarino tweeted that X is just getting started, indicating that there would be many more changes in events. “For years, fans and critics have pushed Twitter to dream bigger, to innovate faster, and to fulfill our great potential. X will do that and more. We’ve already started to see X take shape over the past 8 months through our rapid feature launches. But we’re just getting started,” she tweeted.
Twitter Could Turn Into A Financial System
The billionaire never shied away from experimenting with changes to the social media app in the hope of making it better. Just a few months ago, Musk changed the iconic Twitter bird into the Dogecoin logo.
DOGE spiked in price after it become the Twitter logo but dipped in the charts after it was changed back to the bird.
Therefore, Musk’s idea of turning the app into a financial system comes as no surprise, as the entrepreneur has been at the forefront of innovation.
