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Zenger
Zenger
Business
Alberto Arellano

Elon Musk: Twitter Payments Launching Soon

Elon Musk Twitter Inc. Esr Crawford US Treasury
Twitter Verified icon seen on mobile screen with Elon Musk in the background illustration, in Brussels, Belgium, on December 11, 2022. The social media giant is currently developing a payment platform that Musk has envisioned. JONATHAN RAA/NURPHOTO

LOS ANGELES — Billionaire Elon Musk surprised investors with a new revenue source — online payments directly on Twitter. Market reaction has been mixed.

An image of a woman holding a cell phone in front of a Twitter logo displayed on a computer screen. On Tuesday, January 12, 2021, in Edmonton, Alberta, Canada. Twitter could face scrutiny as the social media platform enters the online banking sector relying less on advertising. ARTUR WIDAK/NURPHOTO
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