Elon Musk to launch new social media app? Here's everything you need to know

Updated : Nov 04, 2022 12:25
|
Editorji News Desk

Hours after billionaire Elon Musk reversed course and offered to buy Twitter at its original price of $44 billion, he teased his plans to create a mysterious app dubbed “X”. 

Though the billionaire has not offered many details on his ideas for the application but the Tesla CEO’s latest comment indicates that he sees Twitter’s platform as a key building block. His previous comments also suggest he wants to integrate many more services into Twitter and turn it into a “super app.”

This is not the first time Musk talked about his plan, when one user suggested it would be easier to create X as a separate entity from scratch, Musk replied that taking over Twitter “accelerates” his plans to create X “by 3 to 5 years.”

While Musk hasn’t elaborated on what form an “X” app will take, Bloomberg noted that he has praised the Tencent-owned social media app WeChat, which allows users access to services ranging from payments to food delivery to ordering cars.

Conversely, WeChat is widely viewed as a government surveillance tool in China that is also subject to heavy censorship, even as Musk has touted his plans to remake Twitter as a beacon of free speech.

Elon MuskWeChat

Recommended For You

editorji | Business

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

editorji | Business

Reliance denies buying Iranian oil amid US sanctions waiver

editorji | Business

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

editorji | Business

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

editorji | Business

Govt announces seven measures to help boost exports