{"id":1287082,"date":"2024-11-14T09:42:34","date_gmt":"2024-11-14T04:12:34","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1287082"},"modified":"2024-11-14T09:46:56","modified_gmt":"2024-11-14T04:16:56","slug":"elon-musk-wanted-x-to-become-dating-app-finance-app-more","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/elon-musk-wanted-x-to-become-dating-app-finance-app-more\/","title":{"rendered":"Elon Musk Wanted X To Become Dating App, Finance App & More"},"content":{"rendered":"\n

As per the report by The Verge, Elon Musk’s X (Formerly Twitter) was supposed to have been a bank by now.<\/p>\n\n\n\n

\"Elon<\/figure>\n\n\n\n

Elon Musk’s Vision for X<\/strong><\/p>\n\n\n\n

As per the report, the point behind Musk\u2019s acquisition of X was to meet his two-part goals, one making it into a \u201cdigital town square\u201d and another making it \u201ceverything app\u201d; both of which are far from realized.<\/p>\n\n\n\n

The report read that in an internal X meeting last year, Musk had said that \u201cwould blow my mind\u201d if X could also handle \u201csomeone\u2019s entire financial life\u201d by the end of 2024.<\/p>\n\n\n\n

In order to meet this goal, X is still developing a Venmo-like payments feature<\/a>, having secured money transmitter licenses for processing payments in 38 US states which includes California.<\/p>\n\n\n\n

Notably, the approval for the same is yet to come in other key states like New York.<\/p>\n\n\n\n

Ambitious Vision for Banking, Dating, Recruiting, and Competing with YouTube<\/strong><\/p>\n\n\n\n

This idea takes us back to the original X.com (Now known as PayPal, the online payments service) which Musk co-founded along with Ed Ho, Harris Fricker, and Christopher Payne in 1999. The now \u201cX\u201d and earlier \u201cTwitter\u201d, uses the same domain which Musk bought back in 2022.<\/p>\n\n\n\n

As per the report, apart from being a bank, \u201cX\u201d was also envisioned to be a dating service, an alternative to LinkedIn for recruiting, and a YouTube killer as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

As per the report by The Verge, Elon Musk’s X (Formerly Twitter) was supposed to have been a bank by now. Elon Musk’s Vision for X As per the report, the point behind Musk\u2019s acquisition of X was to meet his two-part goals, one making it into a \u201cdigital town square\u201d and another making it […]<\/p>\n","protected":false},"author":26,"featured_media":1287342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[240,2244],"class_list":["post-1287082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-elon-musk","tag-x"],"acf":[],"yoast_head":"\nElon Musk Wanted X To Become Dating App, Finance App & More - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/elon-musk-wanted-x-to-become-dating-app-finance-app-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Wanted X To Become Dating App, Finance App & More - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"As per the report by The Verge, Elon Musk’s X (Formerly Twitter) was supposed to have been a bank by now. 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