Elon Musk is going after the very institution that would serve as a check on some of his business empire.
The world’s richest man has long talked about making a payment-type system on his platforms, namely X, where users can send and receive money. In fact, just days after Musk attended President Donald Trump’s second inauguration last month, X made its initial move to become a financial ecosystem when CEO Linda Yaccarino announced the launch of a digital wallet and peer-to-peer payment service, partnering with Visa. The plan is for it to launch later this year, according to CNN.
