In the past week, we witnessed Tesla’s CEO and SpaceX’s founder, Elon Musk, celebrating the one-year anniversary of his acquisition of the social media platform, formerly known as Twitter, now known as ‘X.’
A New Dating App on the Horizon During this transformative year, ‘X’ underwent a multitude of technical and design alterations. Elon Musk’s influence brought about significant changes, from creator payouts and premium subscriptions. To the integration of artificial intelligence and an audacious rebranding. It’s evident that Musk has a resolute determination to overhaul ‘X’ into what he envisions as an “everything app.”
A recent report by Business Insider sheds light on Musk’s newest aspiration for the platform: love. Musk, together with ‘X’s current CEO, Linda Yaccarino, hosted an anniversary meeting, which some observers noted as feeling “scripted.” During this meeting, these two executives delved into the recent advancements within the app and contemplated its future. Their discussions included ambitious plans to transform the social media app into a “fully-fledged dating site”. And even a “digital bank.”
“Elon Musk Wants People to Pay for Everything” Elon Musk’s intentions for expanding the capabilities of the ‘X’ social media platform are ambitious. Yet the precise methods for implementing these changes and innovations remain somewhat opaque. A source revealed, “Musk did not get into details of how exactly ‘X’ would become a dating app… however, the idea aligns with Musk’s push for features that require payment. As most dating apps today operate as subscription services.” Another source emphasized, “He wants people to pay for everything. Elon Musk stated during the meeting that he expects ‘X’ to be capable of functioning as a bank by next year, whether users desire it or not.”
Since Elon Musk’s acquisition of the social media platform for a staggering $44 billion. Its value has witnessed a significant decline over the past year. The transformation of ‘X’ into a multifaceted platform encompassing dating and financial services is indicative of Musk’s grand vision for this digital realm. As the platform evolves, Musk is poised to redefine the way we interact, connect. Even manage our finances within the digital landscape.
