Elon Musk's ambition for the future of digital payments

Having already disrupted payments by co-founding Paypal, Elon Musk - pioneer in the solar, car and space industries - looks set to re-embrace money transferring with ‘X’, his newly-branded Twitter. Musk has made no secret of his love of Dogecoin and digital payments and, now that he controls ‘X’, is about to create his ultimate ambition - an ‘everything app’ - to bridge the boundaries between tweeting/messaging and payments, recently having summed up by a BBC report: “Elon Musk rebranded Twitter to X - another step in his plan to emulate Chinese mega app WeChat”. So, are Apple’s success and PayPal’s stablecoin announcement sources of Elon Musk’s inspiration? Apple's collaboration with Goldman Sachs has introduced a high-yield savings account that has soared to $10 billion in the span of five months. Offering an impressive 4.15% yield it is significantly outshining conventional bank interest rates, but it is not only Apple that has been offering banks competition - $5.52trillion has be…