Musk's X plans to incorporate investment, trading features
X (yep, what used to be Twitter) is gearing up to let users invest and trade right on the platform.
CEO Linda Yaccarino shared that this is part of Elon Musk's big plan to turn X into an "everything app," kind of like WeChat in China.
There's even talk of launching a credit or debit card by the end of the year, making it easier for users to handle money without leaving X.
X has teamed up with Visa for direct payments
Since Musk took over and rebranded Twitter as X, the company has teamed up with Visa for direct payments and managed to win back most advertisers—96% are back, according to Yaccarino. Ad revenue is finally growing again too.
On another note, X is currently in a legal fight with the World Federation of Advertisers over claims they organized a boycott that hurt X's finances—a reminder that building trust with advertisers is still a work in progress.