- Elon Musk has revived his $44 billion bid to buy Twitter.
- He hopes to accelerate the arrival of his everything app ‘X’ with the Twitter acquisition.
- Given his enthusiasm for cryptos, it is likely that X will accept DOGE and BTC payments.
After a rollercoaster ride of “will he, won’t he”, Elon Musk has finally decided to proceed with his $44 billion purchase of Twitter. Since April 2022, Elon Musk has been teasing and actively pursuing the purchase of Twitter.
After a tug-of-war with the Twitter board and an almost pass on the deal due to the rampant bot issue on the platform, it seems the tech titan has finally made up his mind. Presently, Elon Musk has revived his bid of buying the massive social media platform.
As we can see from the tweet above, Elon Musk seems to have big plans for Twitter once he takes over. In detail, he plans to launch X — the everything app, as he likes to call his next project.
To highlight, Elon Musk intends X to become an app that can do it all. Therefore, he hopes to hasten the arrival of X by acquiring Twitter. By taking Twitter under his wing, he hopes to introduce a whole new suite of capabilities for users.
It seems the inspiration for this dream of the everything app ‘X’ came from the desire to make Twitter more functional. Elon Musk seems to have been inspired by WeChat and TikTok. Both apps are quite popular in China as well as other parts of the world.
In fact, Elon Musk referred to these two apps as ‘super apps’. He likes how they act as a single app that can do more than their original intent. Hence, he hopes X will offer multiple functions from communication, booking rides, ordering food, and much more.
But of course, no app would be ready without secure payment methods. This raises the question, what will Elon Musk use as the primary payment method? No doubt, the crypto community hopes to see crypto payments as an option on X.
Since Elon Musk recently sold a huge chunk of Tesla’s Bitcoin (BTC), perhaps it is likely that he will have X accept Dogecoin (DOGE) payments instead. After all, it is no secret which of the two he is more fond of.
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