Elon Musk, the CEO of Tesla and SpaceX, has made several statements regarding the future of autonomous vehicles and financial services on his platforms. In July 2023, Musk speculated that full self-driving without human supervision, which he referred to as level four or five autonomy, could be achieved later in the year, with only 1.5 weeks left to confirm this development. Furthermore, Musk is planning a significant expansion into financial services, with the expectation that most 'Money Transmitter Licenses' will be approved by early next year. He is aiming to launch payment services, which are part of the broader roll out, by the middle of 2024, once the licenses are secured. The payment services are anticipated to be integrated into an 'everything app,' which Musk is positioning as a 'SUPER Platform.' The move to include payment services is also seen as a strategy for fighting bots on the platform, with Musk considering payments and credit card verification as a potential solution. In a conversation with Cathie Wood, Musk revealed these plans and expressed his anticipation for the broad adoption of autonomous vehicles in 2024.
BREAKING: Elon Musk will be launching payment services on X in the middle of 2024 👀🚨 I’m hoping for $XRP, $BTC, $ETH, $DOGE 🚀🚀🚀 If he was really smart he’d also add $ALGO and $HBAR https://t.co/fQonRK7fkh
X owner @elonmusk says he expects to launch payment services on his ‘everything app’ in mid-2024. https://t.co/ff9MdIIv6s
Elon Musk Says X Could Have Money Transfer Licenses By Mid-2024 In A Revealing Conversation With Cathie Wood https://t.co/D7YwGJqCYI
.@elonmusk says X will launch payment services by the middle of 2024
Taking a nap behind the wheel on a tediously long drive remains a distant dream. But broad adoption of autonomous vehicles will inch closer in 2024 https://t.co/pZ8U0WZlpX 🌐
NEWS: Elon expects most ‘Money Transmitter Licenses’ will be approved by early next year He is hoping to launch payments in the middle of next year. https://t.co/hTzJs4kby3
🚨BREAKING! X as a SUPER Platform. “We are just waiting for the money transmitter licenses to come through to establish X as a financial platform. Payments roll out middle of next year.” —@elonmusk https://t.co/GuJkN8Dzpu
NEWS: Elon states bots remain a challenge for X as the bots can now complete ‘Are you a Human’ better than humans can. Therefore, he is increasing looking at payments/credit card verification as a solution to fighting bots. https://t.co/o4tuQrejrq
"I think we are very close to achieving full self-driving without human supervision. This is only speculation, but I think we’ll achieve full self-driving, maybe what you would call four or five, I think later this year." Elon Musk, July 2023. 1.5 weeks left until another L.