Fun

Elon Musk Hints Everything App ‘X’ Is Coming — Says Buying Twitter Accelerates Creation of X

News Feed - 2022-10-06 09:10:16

Elon Musk Hints Everything App "X" Is Coming — Says Buying Twitter Accelerates Creation of X


Tesla and Spacex CEO Elon Musk has hinted that “X, the everything app,” is coming. He explained that his purchase of the social media platform Twitter is an accelerant to the creation of X, which could knock three to five years off the project. Elon Musk’s X — The Everything App


Tesla CEO Elon Musk has hinted about the creation of “X, the everything app.” Responding to a tweet about why he is buying Twitter, Musk wrote Wednesday: Twitter is an accelerant to fulfilling the original X.com vision.


He similarly tweeted Tuesday that buying Twitter is “an accelerant to creating X.” In a follow-up tweet, he said that Twitter could accelerate X by three to five years.



This was not the first time Musk mentioned X. In August, when asked whether he had thought about creating his own social medial platform if the Twitter deal does not come through, the Tesla boss replied: “X.com.”


Some people pointed out on Twitter that the Tesla CEO is obsessed with the letter X. Firstly, X.com was an online bank that Musk co-founded. It merged with competitor Confinity Inc. in 2000 and changed its name to Paypal. Musk repurchased the domain name X.com from Paypal in 2015. The Tesla CEO has also set up a few entities with “X Holdings” in their names, including “X Holdings I” and “X Holdings II” that he used in his bid to buy Twitter.


While Musk has not disclosed any details of X, he shared his vision of what he wants Twitter to become with Twitter employees in June. The Spacex chief drew a comparison to Wechat, the Chinese app that mixes social media with payments, games, and even ride-hailing. Musk said: There’s no Wechat equivalent outside of China … You basically live on Wechat in China. If we can recreate that with Twitter, we’ll be a great success.


He also complimented Tiktok’s algorithm for not being boring, suggesting that Twitter could be honed “in the same way to be interesting.” He further noted: “I think Twitter can be much better about informing people of serious issues.”


After months of trying to back out of the deal to buy Twitter over the number of fake accounts and spam bots, Musk has decided to follow through with the original offer of $44 billion. His legal team told Twitter Monday that the billionaire intends to close the deal to buy Twitter subject to certain conditions. Twitter subsequently issued a statement: We received the letter from the Musk parties which they have filed with the SEC. The intention of the company is to close the transaction at $54.20 per share. Tags in this story Elon Musk, Elon Musk buying Twitter, Elon Musk social media platform, Elon Musk takeover Twitter, elon musk twitter, Tesla CEO, the everything app, X, X the everything app


What do you think about Elon Musk creating X, the everything app? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge FEATURED | 4 days ago South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon FEATURED | Sep 27, 2022


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleSolidus Ai Tech Announces New Partnership With Metaverse Giants Galaxy Arena Next articleSouth Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether

News Feed

While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass Arrests
While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass ArrestsDuring the last month since the fall of Empire Market, darknet market (DNM) patrons have been
Billionaire Jeff Gundlach Expects Recession This Year, Advises Against Buying Bitcoin
Billionaire Jeff Gundlach Expects Recession This Year, Advises Against Buying Bitcoin Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has warn
Amaka Nwaokocha13 hours agoFTX hacker’s wallet stirs as Ethereum ETFs prepare for US debutThe data reveals two transactions where the exploiter moved 2,500 ETH, each valued at $4 million.6903 Total views21 Total shares
NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million
NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million While digital currency markets have dropped in value during the last two months, weekly non-fungi
Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope
Josh O"Sullivan56 minutes agoVitalik Buterin opts for faster Ethereum, EIP-7732 gives hopeEIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transact
Jesse Coghlan7 hours agoCircle CEO spells doom scenario for US dollar in warning to CongressJeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust
Cryptopunks and BAYC Floor Values Go Head-to-Head, as the Punks Briefly Surpass Bored Apes
Cryptopunks and BAYC Floor Values Go Head-to-Head, as the Punks Briefly Surpass Bored Apes On Sunday, August 21, 2022, the floor value of the Cryptopunks non-fungible token (NFT) c
China leads the world in gen AI adoption but falls behind in full implementation
Savannah Fortis10 hours agoChina leads the world in gen AI adoption but falls behind in full implementationA recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader
Samourai Wallet co-founder pleads not guilty, released on $1M bond
Turner Wright2 hours agoSamourai Wallet co-founder pleads not guilty, released on $1M bondThe terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,”
While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of ‘Sleeping Bitcoins’
While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of "Sleeping Bitcoins" Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wall
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy
MicroStrategy upsizes latest stock sale to $700M to buy more Bitcoin
Josh O"Sullivan10 hours agoMicroStrategy upsizes latest stock sale to $700M to buy more BitcoinMicroStrategy upsizes its convertible senior notes offering to $700 million, earmarking proceeds for Bitcoin purchases and co