Wall Street Insiders Hint at Transformative Changes for Elon Musk's X, Including an Updated Payment System Similar to PayPal

08/27 00:26

According to a recent Forbes report, insiders on Wall Street suggest that X, owned by billionaire Elon Musk, could be undergoing transformative changes. Musk is reportedly in talks with top Wall Street figures about integrating an updated payment system for X, which would offer reduced transaction fees and capitalize on user data. This new payment system is said to be reminiscent of PayPal's early days, which Musk was also involved in. Musk's previous company, PayPal, has shown its support for the cryptocurrency wave and its stablecoin PYUSD aims to fill the void left by Meta's abandoned libra-turned-diem stablecoin.
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