Musk's X aims for financial disruption with new payment system
Shortpedia
Content Team
Image Credit: twitter
Billionaire Elon Musk's social media platform X, formerly known as Twitter, has obtained its 13th money-transmitter license in the United States, this time from Pennsylvania. This milestone brings Musk's dream of transforming X into an "everything app" closer, positioning it as a formidable competitor to PayPal. With this license, X users can now transfer money to one another, much like PayPal's Venmo.
