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Time of India
12 hours ago
- Business
- Time of India
After EVs, rockets, and social media, the world's richest man Elon Musk is now eyeing your wallet
Elon Musk , the world's richest man, is now setting his sights on the world of finance. After shaking up electric vehicles, space travel, and social media, Musk is preparing to launch financial services through his platform X—formerly known as Twitter. According to reports, Musk plans to introduce investment and trading features on X as part of his vision to transform it into a 'super app' akin to China's WeChat. The goal is to build a comprehensive financial ecosystem that enables users to carry out transactions—shopping, tipping, storing money, and more—without ever leaving the platform. As part of this plan, X is expected to roll out branded credit and debit cards, potentially as early as this year. The initiative will debut in the U.S., with global expansion to follow. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 23.7% Returns in last 5 years with Shriram Life's ULIP Shriram Life Insurance Undo Visa has already signed on as the platform's first payments partner. The service, dubbed X Money , will include a digital wallet and peer-to-peer payment functions. Users will be able to make purchases, store funds, and support content creators, all within the app. 'You will be able to go on X and conduct all your financial transactions on the platform,' X CEO Linda Yaccarino was quoted as saying at the Cannes Lions International Festival of Creativity. She described the effort as the foundation of 'a whole commercial and financial ecosystem that doesn't exist today.' Live Events However, the road ahead isn't without hurdles. Regulatory scrutiny, particularly around licensing and anti-money laundering compliance, could pose significant challenges to Musk's ambitions. X is also working to rebuild its advertising business after a mass exodus of advertisers following Musk's acquisition in 2022. Concerns over content moderation and brand safety had driven many advertisers away, with some ads appearing next to controversial content. Despite lingering doubts from some marketers, Yaccarino claims that 96% of pre-acquisition advertisers have returned. Research firm eMarketer forecasts that X will generate $1.9 billion in ad revenue in 2024 and $2.3 billion in 2025—still far from the $4.1 billion it earned in 2022. In December 2024, Yaccarino had teased several upcoming features including X TV, X Money, and Grok, an AI chatbot, signaling that 2025 could be a pivotal year in Musk's quest to turn X into a one-stop digital universe.
Yahoo
27-05-2025
- Business
- Yahoo
How to watch Elon Musk address SpaceX employees about plans for Mars
Tech billionaire Elon Musk will address thousands of SpaceX employees on Tuesday night about "making life multiplanetary." The CEO's comments are set to be held after SpaceX attempts its ninth Starship flight mission, which could launch this evening, Tuesday, May 27. For years, Musk has touted an intention of sending an uncrewed spacecraft to Mars by the end of 2026, with humans "likely" landing on the planet by 2031. The upcoming SpaceX flight launch follows eight flight tests, which began in 2023. The two most recent missions ended with vehicles exploding in the sky, though the spacecraft's rocket boosters successfully returned as planned. As SpaceX gears up for its next launch, here's what to know about watching Musk's address. SpaceX: Elon Musk says SpaceX will launch uncrewed Starship for Mars by end of 2026 Musk was originally scheduled to address SpaceX employees at 1 p.m. ET on Tuesday, May 27. However, the event has been postponed to 9 p.m. ET, Musk said on X Tuesday afternoon. "This talk is postponed until after the Starship Flight 9 launch tonight," Musk wrote. The address will be livestreamed by SpaceX on X, formerly Twitter. Musk will address SpaceX employees at SpaceX's Starbase in Texas. Starbase, the company's headquarters in Boca Chica, is about 23 miles from Brownsville near the U.S.-Mexico border. Musk's interest in Mars is seemingly focused on humanity's long-term survival. In a few billion years − at least six billion, according to NASA − our solar system's expanding sun will destroy Earth. "That's one of the benefits of Mars, is life insurance for life collectively," Musk told Fox News host Jesse Watters in an interview on May 6. "We do at some point need to be a multi-planet civilization, because Earth will be incinerated." Previous test flight: SpaceX Starship rocket lost, debris shoots through sky According to the SpaceX website, the ninth fight launch could occur on Tuesday, May 27. The launch window opens at 7:30 p.m. ET. The ninth flight test will be livestreamed on the SpaceX website, X and the X TV app. Starship's first two flight tests of 2025 – on Jan. 16 and again on March 6 – both ended in explosions. "Several hardware changes have been made to increase reliability," SpaceX said on its website in its announcement of the upcoming test. Contributing: Eric Lagatta, USA TODAY Network Greta Cross is a national trending reporter at USA TODAY. Story idea? Email her at gcross@ This article originally appeared on USA TODAY: Watch: Elon Musk addresses SpaceX employees about life on Mars
Time of India
27-05-2025
- Science
- Time of India
Elon Musk postpones SpaceX address on Mars: How to watch, new timing and more
Elon Musk has postponed his address, scheduled for the evening of Tuesday (May 27) to Wednesday morning (May 28). The tech billionaire was supposed to speak to thousands of SpaceX employees, focusing on his long-standing mission to "make life multiplanetary." Musk said that the address is rescheduled for SpaceX's launch of its ninth Starship flight . "This talk is postponed until after the Starship Flight 9 launch tonight," Musk said in a post. How to watch Elon Musk's address Musk will deliver his speech at 6.30 am ET (4pm IST), May 28. The event will be livestreamed by SpaceX on X (formerly Twitter). The address will take place at SpaceX's Starbase facility in Boca Chica, Texas—roughly 23 miles from Brownsville, near the US-Mexico border. Meanwhile, SpaceX has announced that the ninth Starship flight test could take place on the evening of May 27, with the launch window opening at 7:30 pm ET (5am IST). The flight test will be livestreamed on the SpaceX website, on X, and via the X TV app. Musk's Mars ambition Musk has emphasised his ambition to send an uncrewed mission to Mars by 2026 and possibly land humans on the Red Planet by 2031. The upcoming launch follows a series of eight test flights since 2023. While recent tests have ended in mid-air explosions, the rocket boosters performed as expected, safely returning to Earth. Musk sees Mars as crucial to humanity's survival. "That's one of the benefits of Mars—it's life insurance for life collectively. We need to become a multi-planet civilization, because Earth will eventually be incinerated," he said in a recent interview with Fox News. NASA estimates that this could happen in about six billion years, due to the expansion of the Sun. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Indianapolis Star
27-05-2025
- Science
- Indianapolis Star
How to watch Elon Musk address SpaceX employees about plans for Mars
Tech billionaire Elon Musk will address thousands of SpaceX employees on Tuesday afternoon about "making life multiplanetary." The CEO's comments are set to be held before SpaceX attempts its ninth Starship flight mission, which could launch this evening, Tuesday, May 27. For years, Musk has touted an intention of sending an uncrewed spacecraft to Mars by the end of 2026, with humans "likely" landing on the planet by 2031. The upcoming SpaceX flight launch follows eight flight tests, which began in 2023. The two most recent missions ended with vehicles exploding in the sky, though the spacecraft's rocket boosters successfully returned as planned. As SpaceX gears up for its next launch, here's what to know about watching Musk's address. SpaceX: Elon Musk says SpaceX will launch uncrewed Starship for Mars by end of 2026 Musk will address SpaceX employees at 1 p.m. ET on Tuesday, May 27. The address will be livestreamed by SpaceX on X, formerly Twitter. Watch an update from @elonmusk on SpaceX's plan to make life multiplanetary Musk will address SpaceX employees at SpaceX's Starbase in Texas. Starbase, the company's headquarters in Boca Chica, is about 23 miles from Brownsville near the U.S.-Mexico border. Musk's interest in Mars is seemingly focused on humanity's long-term survival. In a few billion years − at least six billion, according to NASA − our solar system's expanding sun will destroy Earth. "That's one of the benefits of Mars, is life insurance for life collectively," Musk told Fox News host Jesse Watters in an interview on May 6. "We do at some point need to be a multi-planet civilization, because Earth will be incinerated." Previous test flight: SpaceX Starship rocket lost, debris shoots through sky According to the SpaceX website, the ninth fight launch could occur on Tuesday, May 27. The launch window opens at 7:30 p.m. ET. The ninth flight test will be livestreamed on the SpaceX website, X and the X TV app. Starship's first two flight tests of 2025 – on Jan. 16 and again on March 6 – both ended in explosions. "Several hardware changes have been made to increase reliability," SpaceX said on its website in its announcement of the upcoming test. Contributing: Eric Lagatta, USA TODAY Network
USA Today
27-05-2025
- Science
- USA Today
How to watch Elon Musk address SpaceX employees about plans for Mars
How to watch Elon Musk address SpaceX employees about plans for Mars Show Caption Hide Caption Elon Musk goes from spotlight to backseat in Trump's first 100 days Over the course of President Trump's first 100 days in office, Elon Musk has gone from a central figure to a more reduced role. Tech billionaire Elon Musk will address thousands of SpaceX employees on Tuesday afternoon about "making life multiplanetary." The CEO's comments are set to be held before SpaceX attempts its ninth Starship flight mission, which could launch this evening, Tuesday, May 27. For years, Musk has touted an intention of sending an uncrewed spacecraft to Mars by the end of 2026, with humans "likely" landing on the planet by 2031. The upcoming SpaceX flight launch follows eight flight tests, which began in 2023. The two most recent missions ended with vehicles exploding in the sky, though the spacecraft's rocket boosters successfully returned as planned. As SpaceX gears up for its next launch, here's what to know about watching Musk's address. SpaceX: Elon Musk says SpaceX will launch uncrewed Starship for Mars by end of 2026 How to watch Elon Musk's address to SpaceX employees Musk will address SpaceX employees at 1 p.m. ET on Tuesday, May 27. The address will be livestreamed by SpaceX on X, formerly Twitter. Where is Elon Musk giving his address to SpaceX employees? Musk will address SpaceX employees at SpaceX's Starbase in Texas. Starbase, the company's headquarters in Boca Chica, is about 23 miles from Brownsville near the U.S.-Mexico border. What has Musk said about sending humans to Mars? Musk's interest in Mars is seemingly focused on humanity's long-term survival. In a few billion years − at least six billion, according to NASA − our solar system's expanding sun will destroy Earth. "That's one of the benefits of Mars, is life insurance for life collectively," Musk told Fox News host Jesse Watters in an interview on May 6. "We do at some point need to be a multi-planet civilization, because Earth will be incinerated." Previous test flight: SpaceX Starship rocket lost, debris shoots through sky When is the next SpaceX Starship launch? According to the SpaceX website, the ninth fight launch could occur on Tuesday, May 27. The launch window opens at 7:30 p.m. ET. How to watch 9th Starship test flight The ninth flight test will be livestreamed on the SpaceX website, X and the X TV app. Starship's first two flight tests of 2025 – on Jan. 16 and again on March 6 – both ended in explosions. "Several hardware changes have been made to increase reliability," SpaceX said on its website in its announcement of the upcoming test. Contributing: Eric Lagatta, USA TODAY Network Greta Cross is a national trending reporter at USA TODAY. Story idea? Email her at gcross@
