Elon's $44 BILLION Twitter purchase was never about social media:...
Gary Stone@GaryStoneSWS
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Feb 17, 2025
~4 min read
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Elon's $44 BILLION Twitter purchase was never about social media:
It was about the "entire financial world".
After Musk just announced his partnership with Visa, a new economic reality is about to emerge.
Here's what it means for the future of finance: 🧵
It was about the "entire financial world".
After Musk just announced his partnership with Visa, a new economic reality is about to emerge.
Here's what it means for the future of finance: 🧵
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Back in 2022, everyone thought Elon was crazy.
$44 billion for a social media platform that was struggling to turn a profit?
The deal valued Twitter at $54.20 per share - a 38% premium over its stock price in April 2022.
But Musk knew he wasn't just buying a social media company...
$44 billion for a social media platform that was struggling to turn a profit?
The deal valued Twitter at $54.20 per share - a 38% premium over its stock price in April 2022.
But Musk knew he wasn't just buying a social media company...
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He was laying the foundation for a financial revolution.
In 1999, Musk co-founded X.com, an online bank that later merged with Confinity to become PayPal.
This wasn't a random acquisition. This was a 20-year vision coming to life.
But here's where it gets interesting:
In 1999, Musk co-founded X.com, an online bank that later merged with Confinity to become PayPal.
This wasn't a random acquisition. This was a 20-year vision coming to life.
But here's where it gets interesting:
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While everyone focused on content moderation and free speech...
Musk was quietly building a financial empire.
X has already secured money transmitter licenses in 41 states.
They're registered with FinCEN (Financial Crimes Enforcement Network).
And now, the masterpiece is coming together:
Musk was quietly building a financial empire.
X has already secured money transmitter licenses in 41 states.
They're registered with FinCEN (Financial Crimes Enforcement Network).
And now, the masterpiece is coming together:
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Enter the X Money Account.
Through their partnership with Visa, X users will be able to:
• Move funds between traditional bank accounts and digital wallets
• Make instant peer-to-peer payments
• Process payments globally
But there's something bigger brewing beneath the surface...
Through their partnership with Visa, X users will be able to:
• Move funds between traditional bank accounts and digital wallets
• Make instant peer-to-peer payments
• Process payments globally
But there's something bigger brewing beneath the surface...
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Think about what X has that no other financial company does:
A built-in network of hundreds of millions of users.
Global reach across numerous countries.
And most importantly: Social connections between all these users.
This creates a unique opportunity:
A built-in network of hundreds of millions of users.
Global reach across numerous countries.
And most importantly: Social connections between all these users.
This creates a unique opportunity:
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X isn't just building another Venmo or Cash App.
They're creating a social-financial network where:
• Every interaction can be monetized
• Communities can pool resources
• Creators can get paid instantly
This will cause a fundamental shift in purchasing behaviour...
They're creating a social-financial network where:
• Every interaction can be monetized
• Communities can pool resources
• Creators can get paid instantly
This will cause a fundamental shift in purchasing behaviour...
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Imagine buying products directly through conversations.
Supporting creators with a single click.
Splitting bills with friends without leaving the app.
All while building a detailed financial profile for better decision making.
But this is just phase one...
Supporting creators with a single click.
Splitting bills with friends without leaving the app.
All while building a detailed financial profile for better decision making.
But this is just phase one...
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Musk has stated that X will enable users to conduct their "entire financial world" on the platform.
Think about that: Your entire financial world.
Not just payments. Not just transfers.
X is positioning itself to become the Western equivalent of WeChat.
Think about that: Your entire financial world.
Not just payments. Not just transfers.
X is positioning itself to become the Western equivalent of WeChat.
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A super app that combines:
• Banking
• Shopping
• Payments
• Investments
• Social media
All in one place. But there's a crucial difference:
• Banking
• Shopping
• Payments
• Investments
• Social media
All in one place. But there's a crucial difference:
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Unlike WeChat, X will operate globally.
Visa's network spans over 200 countries and territories, supporting 160 currencies.
X could become the first truly global financial platform.
This explains the $44B price tag:
Visa's network spans over 200 countries and territories, supporting 160 currencies.
X could become the first truly global financial platform.
This explains the $44B price tag:
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It wasn't about buying Twitter's revenue stream.
It was about acquiring a pre-built network that could be transformed into a financial powerhouse.
The social media aspect? That's just the interface.
The real value is in the financial ecosystem being built.
And here's the kicker:
It was about acquiring a pre-built network that could be transformed into a financial powerhouse.
The social media aspect? That's just the interface.
The real value is in the financial ecosystem being built.
And here's the kicker:
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Traditional banks should be terrified.
Because X isn't just creating a new bank or payment system.
They're reimagining how people interact with money in the digital age.
And they're doing it with hundreds of millions of users already on board.
Because X isn't just creating a new bank or payment system.
They're reimagining how people interact with money in the digital age.
And they're doing it with hundreds of millions of users already on board.
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The future of finance won't be built by banks.
It will be built by platforms that understand how people actually interact in the digital age.
X isn't just trying to be your bank.
They're trying to be your entire financial world.
It will be built by platforms that understand how people actually interact in the digital age.
X isn't just trying to be your bank.
They're trying to be your entire financial world.
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This is why the Visa partnership matters so much.
It's not just about payments.
It's about creating a new financial system for the digital age.
One that's social, global, and instant.
The revolution has begun.
It's not just about payments.
It's about creating a new financial system for the digital age.
One that's social, global, and instant.
The revolution has begun.
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Just like Musk sees the future of finance...
Smart investors see market dynamics shifting.
The old ways of investing are becoming obsolete.
Those who adapt early will thrive. Those who don't will get left behind.
Smart investors see market dynamics shifting.
The old ways of investing are becoming obsolete.
Those who adapt early will thrive. Those who don't will get left behind.
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Just like X is building a system to navigate the new financial world...
You need a system to navigate today's markets.
One that's:
• 100% objective
• Mechanical
• Proven through market cycles
Because in today's market:
You need a system to navigate today's markets.
One that's:
• 100% objective
• Mechanical
• Proven through market cycles
Because in today's market:
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Emotions and subjective decisions are more dangerous than ever.
The winners will be those who:
• Have a proven process
• Trust their system
• Stay mechanical
Ready to adapt to the new market reality?
The winners will be those who:
• Have a proven process
• Trust their system
• Stay mechanical
Ready to adapt to the new market reality?
