Elon Musk Photo: Getty Images

Elon Musk Announces Ambitious Plan to Transform X into a Financial Hub to Rival Banks

In a recent all-hands call with employees, Elon Musk revealed his ambitious vision to turn X, formerly known as Twitter, into a comprehensive financial platform that aims to replace the need for traditional banks within a year. The Verge was the first to report on Musk’s groundbreaking plan after obtaining an audio recording of the call.