Vikrant Shekhawat : Jan 30, 2025, 01:00 PM
Elon Musk News: Elon Musk, who is known for his innovative ideas and technology, is now ready to give a new direction to his X platform. Musk's goal is to provide every possible facility and service to the users on his platform so that the user does not need to switch to any other app. For this, he has also stepped into the field of digital payments, and plans to launch X Money Account as a start.X Money Account: Launch of a digital walletX Money Account will be a digital wallet through which users will be able to easily transact money. Musk has partnered with payment service provider Visa to provide digital transaction facility to the user. This service can be used directly on the X platform, which means that users will not need to install any other app. This facility can prove to be a big benefit for the users, as it will provide them all services like shopping, chatting, watching videos and now making payments on a single platform.Will X platform become like WeChat?Elon Musk has always dreamed of creating a 'Everything App' like WeChat. WeChat is a Chinese platform that is not only used for chatting and social media, but it also provides services like shopping, gaming, video, digital payments, and location sharing. Musk intends to make X platform a multi-functional app like WeChat, where users can get everything in one place.Partnership with Visa: Debit Card ConnectionVisa's cooperation as a payment service on the X platform can prove to be important. According to reports, users will now be able to connect their debit cards to the X platform and easily make digital transactions. This can make the user experience on the X platform even better, because now they will be able to do everything from shopping to transactions on a single platform.Musk's big plan: One-Stop PlatformElon Musk's big plan is to make the X platform a One-Stop Platform, where users can get social media, finance and AI. Features Everything can be found in one place. Under this, Musk is making the X platform not only a social media network but also a holistic digital ecosystem.Musk's return to financial appElon Musk's move into the world of digital payments is not new. He was the co-founder of X.com in 1999, which was an online bank and had gained 2 lakh customers in a few months. Later X.com and Confinity merged and this platform became known as PayPal. Two years later eBay bought PayPal, and now Musk is returning to the world of digital payments again, this time through the X platform.ConclusionElon Musk's X platform can become a place in the future where users will be able to enjoy social media, shopping, payments, and many other services on a single platform. His partnership with Visa and the launch of X Money Account can be helpful in giving a new direction to the platform. In this way, Musk plans to shape such an 'Everything App' that will not require the user to switch to a different app for any service.