A U.S. Pro-Crypto 'WeChat' App? Elon Musk’s X Announces Plans to Launch Investment and Trading Services Soon

TradingKey - Long before acquiring the social media platform X (formerly Twitter), Tesla CEO Elon Musk repeatedly praised the all-in-one functionality of China's WeChat. Now, X is taking steps toward building a similar super-app by announcing that it will soon roll out investment and trading services, transforming the platform into a super app.

According to the Financial Times, Linda Yaccarino, CEO of X, said users will soon be able to invest, trade, and manage their financial lives directly on the platform, including actions as simple as paying for a pizza or as complex as managing investment portfolios. 

She said, “So that’s the future.”

Yaccarino also revealed that X is exploring the launch of its own credit or debit card, potentially rolling out as early as this year.

The report noted that since Musk’s $44 billion acquisition of X in 2022, he has been pushing to transform the platform into an all-in-one service combining messaging, payments, and shopping, much like the Chinese social and lifestyle super-app WeChat.

Crypto Integration Possible

Given Musk’s pro-crypto stance, some members of the cryptocurrency community believe that X’s financial services could eventually incorporate cryptocurrencies in some form.

In other words, Musk may be positioning X to become the U.S.-based crypto-powered version of WeChat. In late January 2025, X partnered with payment giant Visa to launch a digital wallet and peer-to-peer payment service powered by Visa — a move seen as the first step toward full financial integration on the platform.