The social network X is set to enhance its features by allowing users to trade and invest.
This was announced by Linda Yaccarino, the company's CEO, in a statement to the Financial Times.
“Users will be able to access X and manage all their financial activities on this platform. For instance, I can pay you for the pizza we had last night, make an investment, or execute a trading operation,” she stated.
Additionally, X is considering the launch of credit and debit cards within this year, Yaccarino added.
Previously, the company announced the launch of the X Money electronic wallet, which will feature a payment service similar to PayPal. Visa will be the first partner in this project this year.
According to Yaccarino, X Money will initially launch in the United States, with plans to expand internationally later. Users will be able to purchase goods and financially support content creators on X.
It is worth noting that Elon Musk acquired Twitter in 2022 for $44 billion and later rebranded it to X. In 1999, he co-founded the payment service X.com, which later became part of PayPal. This domain is now used by the former Twitter.