When Elon Musk took over Twitter, he made a big change by renaming it to X. His goal was to turn it into something called the “everything app,” similar to WeChat in China.
WeChat began as just a messaging app but has grown to include almost everything you can think of in daily life, like paying for things, booking cabs, or even checking your health stats. It’s like having a mini-internet inside one app where you can do so much without needing to switch apps.
Musk wants to bring this idea to the West with the new X App. He’s talked about making it a place where you can handle all your money matters. This includes using it as a mobile wallet, sending money to friends, paying bills, and linking it to your bank.
X’s CEO, Linda Yaccarino, has shared that we’ll see this app launch this year. They’ve already teamed up with Visa as their first partner for the X Money Account. Here’s what users can expect:
- Secure and fast money transfers straight to your X wallet with Visa Direct.
- Link your debit card for easy person-to-person payments.
- Quick bank transfers to move money in and out of your account.
This is just the beginning, with more big news expected. The phrase “LFG,” meaning “Let’s F*cking Go,” shows how excited they are about this launch. The focus seems to be on making person-to-person payments easy first, with plans to add more ways to use the app for shopping and other services later.