1
Tesla CEO, Elon Musk, has been trying to turn X (Twitter) into an “everything app”.
2
Musk is keen on having a “PayPal update” for X.
3
Musk has also been discreetly supporting Dogecoin and plans on using it for payments in his “everything” app.
One of the major highlights of 2023 was the purchase of popular social media company Twitter. Multibillionaire, and CEO of Tesla and SpaceX like companies, Elon Musk bought the microblogging platform. Recently Musk was reported to have a plan to create a blockchain-based social media and an “everything” app. He preferred Dogecoin (DOGE) for payment methods over the platform.
Forbes reported that Musk set out on a mission to turn Twitter into the “everything app” called X last year. The Tesla CEO has shown interest in a significant “PayPal update” that has the potential to create turmoil in the prices of Bitcoin and other cryptocurrencies.
The upward momentum of Bi
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