Elon Musk has set a 2024 deadline for X employees to develop a feature that could serve as a potential replacement for traditional banks

Elon Musk, who serves as the CEO of X, announced an ambitious goal of replacing traditional banks within a year. Musk expressed his confidence in X’s ability to provide a superior banking experience for customers. The billionaire also hinted at the incorporation of financial features, with the platform expected to be accessible to the public by the close of 2024. This bold move signifies X’s commitment to revolutionize the banking industry.

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