Musk promotes X's transformation into a "super app" to expand investment and financial services functions

According to multiple sources, Musk is accelerating the transformation of his social platform X (formerly Twitter) into a "super app". Following the launch of the payment function, X plans to integrate financial services such as investment and trading in the future, and is exploring the introduction of a credit or debit card system to build a complete user financial ecosystem.

Sources pointed out that X's financial function layout will not only include cryptocurrency and digital asset trading, but will also cover traditional financial services such as stock investment and payment settlement. In addition, the X team has begun to contact a number of financial institutions to obtain relevant licenses and technical support. Some functions will be tested in the US market first, and then gradually expanded to other countries and regions.

This move is seen as an important step for Musk to promote the "X integrated ecosystem" strategy. He has repeatedly stated that X's vision is to become a multi-functional platform similar to WeChat, not only limited to social and content dissemination, but also to achieve full coverage of "food, clothing, housing, transportation, and investment". Analysts believe that access to financial services is a key link in achieving this goal.

At present, X has obtained payment licenses in some US states and launched peer-to-peer payment testing functions. If the debit or credit card business can be successfully implemented in the future, X is expected to further open up the channel between virtual assets and real finance, and enhance the platform stickiness and user usage time.