Cathie Wood and Elon Musk discussed the future on X Spaces. Significantly, Elon Musk expects approvals for X money transfer licenses by mid-2024. Money transfer licenses could make X a significant threat to other platforms, including PayPal (PYPL). Dogecoin (DOGE) gained 3.84% on Thursday, ending the session at $0.0947. Investors expect X to include DOGE in its plans to facilitate payments.
On Friday, DOGE was down 0.95% to $0.0938.