The popular social media app Twitter will now be known as X, with a total makeover to its core functionality from being a social media platform to an everything app.
was controversial from the start. However, his plans to transform Twitter began long before the takeover.
In a recent interview, Musk reiterated that the main motive behind rebranding to X was to create an “everything app,” a concept popular in China. Chinese social media applications, such as WeChat, are used for text and video calls, and have provisions to pay bills, book cabs, book restaurants and other financial activities without leaving the app.
Musk said if done correctly, X could become a popular platform for finance, banking, payments and data, and over time it has the potential to become “half of the global financial system."• Social: network, msgs, video, content
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