Elon Musk has often faced criticism ever since he acquired the social media giant, Twitter. Musk had also begun implementing numerous changes to the social media behemoth from day one of the acquisition.

Watcher.Guru had earlier reported that Twitter had begun applying for regulatory licenses to enter the payments business in the US. The report that went live on Jan. 30 stated that Musk’s social media platform is curating software to enter the payments realm.

Musk recently spoke at Morgan Stanley’s Technology, Media & Telecom Conference, where he voiced his goal for Twitter in the payments realm.

Can Elon Musk’s Twitter emerge as the biggest financial institution?

Speaking at the conference, Musk stated that it is possible for Twitter to become the “biggest financial institution in the world.” It is a part of his larger vision to make Twitter an “everything app.”

He also said at the conference that 800,000 accounts that distributed child sexual abuse material in February were suspended. The actions definitely speak louder than words, as it is definitely a positive step towards making Twitter a better platform.

Considering his relentless workaholic nature and desire to achieve a goal, Musk is likely not the person to give up on a vision, especially if he envisions Twitter becoming the world’s largest financial institution.

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Beeple (real name: Mike Winkelmann) - A digital artist who sold a single NFT artwork for a record-breaking $69 million at a Christie's auction in March 2021.

Mark Cuban - An American entrepreneur and investor who has been vocal about his interest in NFTs and has invested in various NFT-related companies.

Gary Vaynerchuk - A Belarusian-American entrepreneur and internet personality who has been a vocal advocate of NFTs and has even launched his own NFT-focused project called Vee Friends.

Justin Sun - The founder of Tron, a blockchain platform, who has been actively promoting NFTs and has purchased several high-profile NFT artworks.

Grimes (real name: Claire Boucher) - A Canadian musician and artist who has sold her own NFT artworks and has expressed her fascination with the technology.

Elon Musk - The CEO of Tesla and SpaceX, who has made headlines for his tweets about NFTs and even sold a techno music track as an NFT.

Chamath Palihapitiya - A venture capitalist and early Bitcoin investor who has been vocal about his belief in the potential of NFTs to revolutionize the art world.

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