X goes fintech: Elon Musk’s platform to let users trade and transact soon in ‘everything app’ push

X (formerly Twitter) is preparing to launch a full suite of financial services on its platform, including the ability for users to invest, trade, and make payments, according to CEO Linda Yaccarino. The announcement was made during an interview with the Financial Times at the Cannes Lions advertising festival.

“You’ll be able to come to X and be able to transact your whole financial life on the platform,” Yaccarino said, adding that future capabilities will range from paying a friend for pizza to making investment trades. This move aligns with Elon Musk’s vision of transforming X into an “everything app” similar to China’s WeChat, which combines messaging, payments, and shopping.