Musk wants to transform Twitter/X into the “biggest financial institution in the world,”a bold ambition for the company now purportedly valued at $20 billion.
a Morgan Stanley conference last month he wants his app “to become the biggest financial institution in the world.”
Musk said at the time he wanted X to become a peer-to-peer mobile payment platform where users can earn interest on their cash like at a bank, previously suggesting he wants his app to include a glut of services including ride-hailing and food delivery. Pulling such a transformation off is crucial for Musk to see a strong return on his investment: Twitter is valued internally at a
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