#XSuperApp The X app from Elon Musk will offer investment and trading in a push for the "super app"Users of Elon Musk's X will soon be able to make investments or transactions on the social media platform, according to the company's CEO, Linda Yaccarino, a move to support the billionaire owner's vision of creating an "everything app," the Financial Times reported on Thursday.
In an interview with the newspaper, Yaccarino said the company was exploring the introduction of an X credit or debit card, which could arrive as soon as this year.
Musk, who in April 2022 closed a $44 billion deal to buy Twitter and later rebranded it as X, has indicated plans to model it as a "super app," similar to the Chinese WeChat.
The social media platform did not immediately respond to a request from Reuters for comment. 2025 X will connect you in ways you never thought possible. X TV, X Money, Grok, and much more," Yaccarino wrote in a post last December.
Payment giant Visa and X partnered to offer direct payment solutions to the social network's customers, a person familiar with the matter said earlier this year.
A super app, or what Musk calls an "everything app," has been described as the Swiss army knife of mobile applications, offering a suite of services to users, such as messaging, social networking, payments, and e-commerce shopping.
X hired Yaccarino as CEO in 2023 amid an exodus of advertisers from the platform, concerned about the possibility of their ads appearing alongside inappropriate content.
Yaccarino claimed that 96% of X's advertising clients before the acquisition had returned to the platform, according to the Financial Times report. The company is set for its first year of advertising revenue growth this year since Musk's acquisition.
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