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Fortune
Fortune
Leo Schwartz, Kylie Robison

Elon Musk needs payments to make Twitter an 'everything app'—and the first 3 U.S. states just got on board

(Credit: Nathan Laine—Bloomberg/Getty Images)

Since Elon Musk took over Twitter in late October, the company has been quietly working on a plan to introduce payment tools to the platform. The social media giant has passed a key hurdle in three states, securing money transmitter licenses in Michigan, Missouri, and New Hampshire over the past week.

While Musk's tenure at Twitter has so far proven chaotic, with the billionaire firing thousands of employees and losing billions of dollars of value in the process, his stated goal has been to turn the platform into an "everything app" in the vein of WeChat, where users can do anything from messaging to shopping to sending money to one another.

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