Elon Musk Announces Plans to Transform X into 'Everything App'

Musk's vision for X includes removing likes and reposts, and adding payment features with pending licenses in New York and California.

Elon Musk, speaking at the Morgan Stanley technology, media, and telecom conference, revealed plans to evolve his social media platform X by potentially removing likes and reposts to reduce visual clutter.
X is on the verge of receiving money transmitter licenses in New York and California, a crucial step towards offering payment features to its users.
The transformation aims to make X an 'everything app' akin to China's WeChat, incorporating services beyond social media.
Licenses from populous states like New York and California are seen as pivotal due to their lengthy approval processes; X has already secured licenses in states including Pennsylvania and Utah.
Musk's acquisition of the platform, formerly known as Twitter, marks a significant shift towards integrating social and financial services.