Elon Musk’s Everything App ‘X’ Is a Bad Idea: Parmy Olson

Oct. 5, 2022, 3:50 PM UTC

Elon Musk likes to “go big or go home.” So it was no surprise after news broke that he was buying Twitter Inc. after all, that he would tease a huge ambition for the company:

Musk is not simply buying Twitter to make it better. He claims a much grander plan: creating an “everything app” that does whatever you need.

The idea is not preposterous. Several so-called “super apps” have long existed in Asia. More than a billion Chinese citizens use QR codes through Tencent Holdings Ltd.’s WeChat to do all manner of tasks, from buying groceries to booking a dentist appointment, sharing photos with friends or playing video games. They can access a government-issued ID ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.