
An undated image of X (formerly Twitter) logo. — DepositPhotos
To further expand its services, Elon Musk’s X (formerly Twitter) is planning to offer financial and streaming services in 2025, as announced by the company’s CEO on Wednesday.
This development is part of the company's ambitions to become a multifaceted platform, competing with China's messaging platform WeChat.
X to introduce X Money, X TV
In a New Year’s greeting post on the microblogging platform, X CEO Linda Yaccarino announced the launch of X Money and X TV. These services are likely to offer more functionality beyond social media interactions.
The X TV is expected to offer streaming hub services for live sports, entertainment, and other media. X Money, on the other hand, is speculated to provide payment services, potentially integrating banking and e-commerce functionalities.
The announcement marks a significant milestone in the company’s journey since its rebranding from Twitter to X in 2023.
Since then, X has already introduced several major changes to the platform, including the rollout of X Premium, the removal of the traditional verification system, and the replacement of the iconic Larry the Bird logo with an X symbol.
On the sidelines of these services, X is also expected to bring improvements to its artificial intelligence (AI) chatbot Grok to enhance user experience.