Connect with us

Gist

Musk’s Everything App X: What Is It? How good will it be? Features Explained

Published

on

Musks-Everything-App-X

Musk’s Everything App X: What Is It? How good will it be? Features Explained

Elon Musk intends to build an app he has dubbed “X” that will do everything. It resembles the Chinese messaging app WeChat in certain ways. According to the billionaire, he wants to expand Twitter’s usefulness, which is why he was involved in the development of X. See what the Everything App X by Elon Musk is and how useful it will be for the next generation.

Musk’s Everything App X

According to Musk, his acquisition of the social media platform Twitter has accelerated the development of X and might cut three to five years off the project’s schedule.

He has offered suggestions for how to make Twitter better, saying that it should resemble WeChat and TikTok, the well-known video-sharing app owned by ByteDance Ltd. that has become popular in the US. He also mentioned the so-called “super applications,” which are used in various Asian regions and let users access a variety of smartphone services, including communications and auto calls.

Musk’s vision for app X
The “All in Podcast” X App focuses on using all services through a single app. The X-app gives users access to a wide range of services, including texting, social networking, video sharing, peer-to-peer payments, automobile rental, and online shopping.

In earlier this week’s negotiations with Twitter, Elon Musk changed his mind and proposed a $44 billion buyout. Additionally, he put out an idea for developing a social media network where users could access everything.

All in Podcast
X will serve as a one-stop shop for all of a customer’s daily digital needs. Just before he attempted to stop the acquisition of Twitter, Musk promised a group of wealthy investors, including Larry Ellison, a fivefold increase in revenue to $26.4 billion by 2028. He might transform Twitter into a WeChat for the free world in six years, achieving 931 million daily users, or about equivalent to the Chinese mega app. Additionally, he might start a payments company at that point that can bring in $1.3 billion yearly, lessening Twitter’s reliance on advertising.

A super software that combines social networking, chat, video games, payments, and the All-In podcast is needed, according to Musk, in the US. Asians use the internet to access big apps, said Scott Galloway, a professor of marketing at New York University and co-host of the “Pivot” technology podcast.

At a town hall meeting with the Twitter team a month later, Musk reiterated that notion. I think if we can do that, or even come close to that at Twitter, it would be an incredible success,” said Elon Musk, according to CNN. He also predicted that Twitter’s user population, which is currently slightly over 200 million, could expand to “at least a billion people.”

Features of app X
Every user will benefit from the capabilities that the X app has. Every element of our digital lives would undoubtedly be impacted, although many of the same services, including

Messaging
Both audio and video calls
Spreading news stories
Streaming media
Playing a video game
Posting photographs of everyday life
Interacting with coworkers at work
Integration of the stock market and cryptocurrencies
Ordering food from restaurants and paying for it
Booking tickets for a show
Calling a cab (or autonomous Tesla)
Elon Must and his X universe
Musk was a co-founder of X.com in 1999, an online bank that later merged with another company to become PayPal. In 2017, he paid an undisclosed sum to PayPal to repurchase the domain name X.com.

In the interim, Musk founded SpaceX in 2002 and unveiled the Model X through his company Tesla in 2015.

To pursue his acquisition of Twitter, Musk established three holding entities in Delaware under the name “X Holdings.”

The plethora of strong players with similar objectives makes it challenging to create a “super app” with a US concentration in the US. Examples include Facebook’s and Instagram’s pushes into e-commerce, and Snapchat’s experiments with peer-to-peer payments. While Amazon has moved into many aspects of daily life, Walmart is now participating in the world of online banking.

Also Read: Megan Hackett: Who Is She? Facts You Didn’t Know About Nathaniel Hackett Wife

Bio/Wiki
Full Name Elon Reeve Musk
Nickname Iron Man
Profession(s) Entrepreneur, Investor
Famous For Being the CEO of Tesla and Space X
Physical Stats & More
Height (approx.) in centimeters– 180 cm
in meters– 1.80 m
in feet inches– 5’ 11”
Eye Color Moss Green
Hair Color Light Ash Blonde
Personal Life
Date of Birth June 28, 1971
Age (as of 2022) 51 Years
Birthplace Pretoria, Transvaal, South Africa
Zodiac sign Cancer
Signature Elon Musk’s Signature
Nationality American
Hometown Pretoria, Transvaal, South Africa
School • Waterkloof House Preparatory School
• Bryanston High School
• Pretoria Boys High School
College/University • Queen’s University
• University of Pennsylvania
• Stanford University, California
Educational Qualification(s) • Bachelor of Science in Economics from University of Pennsylvania
• Bachelor of Science in Physics from University of Pennsylvania
• PhD in Energy Physics from Stanford University, California (Dropped Out)
Religion Atheist
Ethnicity/Race • South African (from his father’s side)
• British grandmother’s side
• He also has Pennsylvania Dutch ancestry
Food Habit Non-Vegetarian
Political Inclination He considers himself a half Republican and a half Democrate
Hobbies Reading, Playing Video Games, Travelling
Awards, Honours, Achievements 2007: For his work on Tesla and SpaceX, he was awarded Inc Magazine Entrepreneur of the Year award
2008: Elon was awarded American Institute of Aeronautics and Astronautics George Low award for his enormous contribution for space transportation in 2007/2008
2008: Awarded National Wildlife Federation 2008 National Conservation Achievement award for SolarCity and Tesla
2009: National Space Society’s Von Braun Trophy
2010: Awarded the FAI Gold Space Medal (highest award in air and space), for designing the 1st privately developed rocket to reach orbit by the Fédération Aéronautique Internationale
2010: The Kitty Hawk Foundation recognized him as a Living Legend of Aviation in 2010
2011: Elom was awarded with $250,000 Heinlein Prize for Advances in Space Commercialization
2012: Awarded the ‘a Gold Medal’ (Royal Aeronautical Society’s highest award)
2015: Awarded IEEE Honorary Membership
2018: Appointed as a Fellow of the Royal Society (FRS)
2021: Time Person of the Year
Controversies • Elon Musk’s tweet “A little red wine, vintage record, some Ambien … and magic!” got him a lot of media attention since it was a dangerous drug combination that he had mention publicly on his social media.
• In 2018, Musk’s mini-submarine was dismissed considering it a ‘PR Stunt’ by many including the diver who saved the 12 boys from the cave in Thailand, Elon’s another tweet landed him in a controversy. He called the British Diver a “pedo guy” in his tweet. Tesla’s shares fell 4% after the public found his behavior erratic. Thereafter Elon was asked to apologize by the Tesla investors. The diver filed a legal lawsuit against Musk demanding $75,000 in damages.

• Musk considers Artificial Intelligence as the most dangerous threat to the human race. His warnings for Artificial Intelligence was entitled as ‘Irresponsible’ by Mark Zuckerberg. To which Elon stated Zuckerberg has a very limited understanding of ‘AI’.

• In September 2018, Elon was accused with security fraud charges by the Securities and Exchange Commission. However, the board of Directors of Tesla stated that they believe in the work ethics of Musk and added, “fully confident in Elon, his integrity, and his leadership of the company.” After the Directors tried to make a settlement with the Securities and Exchange Commission, Elon gave an ultimatum to Tesla that he would quit as the CEO of Tesla if any settlement was made. The case is yet to be resolved.

• In July 2022, he pulled out of $44bn bid to buy Twitter, alleging multiple breaches of the agreement. The announcement came after a series of twists after he decided to buy the social media platform in April 2022. According to Musk, the decision came after Twitter failed to provide enough information on the number of spam and fake accounts. Later, in a statement, Twiter said that it had planned to pursue legal action to enforce the agreement. Twitter chairman Bret Taylor tweeted, “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk.” On 12 July 2022, Twitter Inc sued Elon Musk for violating the $44 billion deal to buy the social media platform and asked a Delaware court to order him to complete the merger at the agreed $54.20 per Twitter share.