Want To Make X A Financial Center, Elon Musk: You Don't Need A Bank Account

Elon Musk plans to make platform X stronger, even become the financial center of everyone and take care of everything related to finance.

This draft will be made in the form of a new feature on X. Through this new feature, Musk envisions the entire turnover and storage of money will be centered on the platform.

To his employees on X, Musk said that this feature should be rolled out no later than the end of next year. Musk believes people will be surprised by the strength of their new features.

Everything related to money will be on our platform. Money or securities or anything. So, it's not just like sending 20 US dollars to my friend. What I mean is, you don't need a bank account," Musk said, citing from The Verge.

Musk is very serious and tight with this design. After imagining how great the feature is, Musk said he would be surprised if this feature fails to launch next year.

Through this statement, Musk indirectly gives his employees one year. This demand makes employees have to work extra because the creation of this new feature is not as easy as imagined.

Since last year, Musk wants to develop X as a financial center. His seriousness is even more visible after Musk created an online bank under the name X.com.

Musk wants to present accounts, debit cards, checks, and loan services on platform X. In addition, users are also expected to be able to send money around the world instantly and in real-time.