Musk Says Twitter Is Exploring Payments, Financial Tools

Nov. 9, 2022, 7:02 PM UTC

Elon Musk said Twitter Inc. is considering ways to encourage people to connect their bank or credit card accounts to the social network, possibly even the idea of moving cash into the service like a bank.

On a Twitter Spaces town hall session on Wednesday, Musk said he wants to “make the system as useful as possible.” The financial tools are part of sweeping changes the billionaire is exploring after acquiring the company last month for $44 billion.

“The more useful and entertaining the system is, the more people will use it,” Musk said.

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