#XSuperApp
The term "Eli" refers to Elon Musk's ambitious vision for the X app (formerly known as Twitter) to transform into a "super app". This concept is inspired by highly successful Asian apps like WeChat, which seamlessly integrate a wide range of services within a single platform.
The main aspects of the super app vision for X include:
* Financial services: This is a key focus area. X is working to provide a comprehensive suite of financial tools, including:
* Payments: Person-to-person payments, similar to Venmo or PayPal. X Money, a digital wallet and payment system, is currently being launched starting in the United States in partnership with Visa.
* Investment and trading: Plans are underway to allow users to buy, trade, and manage investments directly within the app.
* X-branded cards: There is an intention to issue X credit or debit cards to complement the ecosystem.