Elon Musk Says Twitter Takeover Is Step Toward 'X, The Everything App' via insideevs.com
In the past Musk has likened the idea of this kind of all-encompassing app to China’s WeChat, suggesting alongside many in the tech industry that it could be the next big thing on the U.S. investment front. Specifically, the app is expected to combine elements of payment systems, social media, messaging and perhaps even more.
to force him to buy the company after he expressed plans to back out. In response to the suit, Musk countersued the social media platform, which was to send the case to trial.Now, Musk has until October 28 to officially close the acquisition deal with Twitter, or the two parties will again have to proceed toward the trial. Musk previously cited whistleblower concerns and a lack of transparency about spam account data on Twitter’s part.
However, he now seems hyper-focused on delivering the first U.S. “X app” using the platform. After another user followed up and expressed that they thought building X from scratch would be easier than buying Twitter, Musk doubled down on the thought, adding again that the acquisition would help accelerate the path to the app.
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