In a recent interview, Musk asserted that X has the ability to account for 50% of the world financial system if certain conditions are met.
Elon Musk, the mysterious former CEO of Twitter, revealed that the popular social media network has undergone an astounding change to become X. After months of tease, the site underwent a dramatic overhaul that saw the famous bird emblem retired and replaced with a modern, minimalist X. Not only that, but the entire color palette has been updated to embrace a chic black shade.
As part of this revolutionary redesign, Twitter’s URL now proudly displays x.com, a domain name that has significant historical resonance for Musk. X.com was once linked to Musk’s ground-breaking financial services business from 1999, which PayPal eventually purchased. The X motif has a special place in Musk’s heart, featuring in his other ventures like SpaceX and Tesla car models.
This ambitious rebranding is a component of Musk’s plan to build a ground-breaking “super app” with a variety of features. Twitter teased its users with a new feature in April that allowed easy access to the cryptocurrency and financial markets from within the app.
Musk’s plans for the platform are now in action because X Corp. has been named Twitter’s parent corporation. His ultimate scheme is developing a “everything app,” which is motivated by the popularity of comparable ideas in China, where applications like WeChat provide a variety of services, from communication to financial transactions, all under one platform.
Awe-inspiring is how Musk describes his goal for X, which is to make it the ultimate hub for data, banking, payments, and finance. He sees it eventually playing a crucial role in the world financial system. Not all users, however, are pleased with the change, as some devoted supporters emphasized their commitment to the traditional blue bird emblem, as is the case with any significant change.
Change is inevitable in the world of technology and innovation, and X’s daring rebranding promises to open the door to a brand-new era of social media, banking, and much more. One thing is certain as the platform develops: X has set its sights on the stars and is prepared to change the digital environment unlike anything that has come before.