“ Buying Twitter is an accelerant to produce X , the everything app , ” the billionairetweeted .
When someone suggested it would be easier to just set up X from scratch , hereplied : “ Twitter likely accelerate X by three to five years , but I could be wrong . "
What exactly XTC involves , however , is far from clear .
One of the first mentions of X can be found in a presentationMuskgave prospective Twitter investors , which highlight his bluff vision for the platform . According tothe New York Times , the document speak of a new intersection called X , with an aim of appeal over 104 million users by 2028 .
Many the great unwashed are speculating that X is potential to take influence from the all - encompass “ superintendent - apps ” of Asia that feature social media , instant messaging , and digital payment inspection and repair all in one place . The theme is basically to have a individual app that provides all the services of Twitter , Whatsapp , Netflix , PayPal , Uber , and Uber Eats .
The biggest and well known of these is WeChat , a wildly democratic Taiwanese crying messaging , societal media , and roving payment app that has over 1 billion users . you could pretty much do everything on WeChat , from chatter with Friend and sharing images to booking moving picture tickets and pay at a street market .
In today ’s China , much everythingis purchased through WeChat or another online payment weapons platform called Alipay . Even panhandler sleeping on the streetare saidto have QR codes for donations .
Speaking at a townspeople hall with Twitter employees back in June , Muskreportedlyexpressed some beaming wonderment for the WeChat model .
“ I think an of import finish for Twitter would be to attempt to include as much of the country , as much of the world , as potential , ” Musk told the crowd . “ You basically hold out on WeChat in China because it ’s so usable and helpful to everyday life sentence , and I think if we can attain that , or even get tight to that at Twitter , it would be an Brobdingnagian success . ”
As for the name of the “ everything app , ” it ’s pretty clear that Musk has a affair for the letter of the alphabet X. Musk was one of the co - founder of X.com , an former online banking company that serve as a precursor to PayPal . He then went on to establish SpaceX.
Ardent Musk fanboys will also be quick to point out that his child with music artist Grimes iscalled “ Adam Æ A-12 Musk”or X for short .
Just like anything thatMusk tweets , it ’s difficult to know much about how or when X will actually derive to fruition . However , also typical of Musk , he has already done a ripe chore at build up hype around his latest projection .
