Elon Musk says Twitter purchase 'accelerant' to creating X, 'the everything app' - Fox Business

Billionaire Elon Musk revealed Tuesday that his decision to buy Twitter for $44 billion is ultimately "An accelerant to creating X, the everything app." "Twitter probably accelerates X by 3 to 5 years, but I could be wrong," he replied to a user who said it would've been easier to start X from scratch. TWITTER SAYS IT PLANS TO CLOSE DEAL WITH ELON MUSK. Musk's latest tweets come after the CEO of Tesla said during electric vehicle's annual meeting in August that he had a "Grander vision" for what he thought X. com or X corporation could have been. "It's a pretty, pretty grand vision," Musk said. "I don't have to have Twitter for that but it would, like I said, it's probably at least a three-year accelerant and I think it's something that will be very useful to the world." A few days after the meeting, Musk floated the possibility of making X. com Twitter's competitor if the deal didn't go through. At a town hall with Twitter employees in June, Musk said he wants Twitter to reach one billion users and that he planned to replicate WeChat's model, noting that people in China "Basically live" on the platform.