🚀 Breaking News from Elon Musk! 🌐💳

Exciting developments ahead as Elon Musk reveals plans to launch payment services through X by mid-2024! 📆💼

Elon's ambitious "everything app," X (formerly Twitter), is set to revolutionize social media with in-app payment services. The big reveal came during an X space chat with Cathie Wood from ARK Invest on December 21. However, Elon clarified that adding cryptocurrencies to the payment services might take a bit longer. The complete rollout hinges on securing necessary licenses, with Elon optimistic about approval by mid-2024.

Despite facing bureaucratic hurdles that caused delays, Musk remains hopeful. He acknowledged X's tardiness in paperwork submission but expressed no awareness of obstacles leading to license rejections.

Crypto enthusiasts speculated about Musk integrating his favorite cryptocurrencies, like Dogecoin (DOGE) at $0.08 and Bitcoin (BTC) at $42,409, into the X payments system. However, Elon has yet to confirm such additions, revealing his minimal focus on digital assets. Interestingly, Tesla, under Musk's leadership, holds around $148 million in Bitcoin on its balance sheet. The company also continues to accept Dogecoin for Tesla Shop purchases.

Now, over to you! What are your thoughts on Elon Musk's latest venture into payment services with X? Share your opinions in the comments below! 🗣️🚀

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