Musk has previously said he wants Twitter to offer fintech services such as peer-to-peer transactions, savings accounts and debit cards, as part of a masterplan to launch an “everything app” that incorporates messaging, payments and commerce. In 1999, Musk co-founded X.com, one of the first online banks, which later became part of payments giant PayPal.
Elon started with PayPal....................
Wasn’t Musk part of the PayPal founding group?
Elon started out with PayPal.
IMO, entirely expected and predictable. And desirable.
He was one of the founders of PayPal. And he has always said he seeks to turn Twitter into “App X” a sort of “be all” app for everyone. So I’d expect much more than just a payment process added to it. I’d expect he’d include a lot of new features over time to make it more competitive with the likes of Facebook, Instagram, TikTok, even maybe Yelp type reviews and if I’m stretching a bit link up with a ride-share and delivery service too. And things I haven’t thought of because it’s not my area I can barely use this website I don’t use those other social media apps. Not even Twitter.
Now for $44 billion he probably could have built it all from scratch but with this buy he got himself what 300 million built in customers? This pales in comparison to Facebook (2.5 billion users), Insta and Tik Tok, but it’s a start. More features, he’ll attract more users and also monetize them for profit. He surely wants to earn that $44 million back and he can’t do an IPO for, what, 5 or 7 years after taking it private? So he has time to build it up and make it much more valuable, then cash out.
Yep, Musk gets more interesting.
Elon Musk will do it.
If Elon become an alternative with eBay that would be great. PP has become a cesspool of woke a-holes.
“Twitter CEO Elon Musk is not messing around. The billionaire truly does want to take over the world.”
No Bias there. Gee I wonder what the rest of the article was like.
Hey Mr. Musk, what do you think about starting your own uncensored Satellite Cable TV service that would compete with AT&T and the rest? I’d subscribe in a heartbeat!
Took me 3 months but I finally got rid of my PayPal account.
They stonewalled for a long time. Very hard to get a human on the phone.
Good riddance though.