Elon Musk’s X to Launch Peer-to-Peer Payments This Year to Unlock More ‘User Utility and Opportunities for Commerce’

When the payments will formally debut and how they would operate were not made clear in the blog post. Peer-to-peer commerce on the platform would be the most significant development at X since Musk bought the business for $44 billion in late 2022.

Elon Musk and X Logo (Photo Credit: Wikimedia Commons)

According to a blog posted on Tuesday, January 9, Elon Musk's owned microblogging site X (formerly known as Twitter), declared it will provide peer-to-peer payments this year. According to the platform, the payments will open up "more user utility and opportunities for commerce" as the network strives to bring about a "2024 revolution." When the payments will formally debut and how they would operate were not made clear in the blog post. Peer-to-peer commerce on the platform would be the most significant development at X since Musk bought the business for $44 billion in late 2022. Elon Musk, the CEO of SpaceX and Tesla, has been promoting the idea of turning X into an "everything app" that allows users to do anything from post to handle money. Elon Musk X Profile Update: Tech Billionaire Changes His Bio to 'Chief Troll Officer', Adds 'Trollheim' As Location.

Elon Musk’s X to Launch Peer-to-Peer Payments This Year

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