What is the new Elon Musk Crypto? Lately, I’ve met people who legitimately believe that Donald Trump is basically Jesus, and, at the time, Elon was one of his apostles, and they legitimately believed conservatives vs liberals was a holy war. Wow, America is certainly in a state of turmoil, huh? Meanwhile, Elon Musk’s long-promised financial layer for X is finally taking shape. The company has begun recruiting a senior engineering lead to build a payments platform “from the ground up,” signaling that X Mon ...

Core Viewpoint - Elon Musk is replacing employees at X (formerly Twitter) with AI, specifically using Grok to take over the responsibilities of the engineering team focused on trust and safety issues [1][2][3]. Group 1: Workforce Reduction - Musk has laid off half of the engineering team responsible for combating spam and illegal content, reducing the team from over 100 members to fewer than 10 [2][3]. - The layoffs are part of a broader strategy to automate processes and replace human labor with AI, as indicated by Musk's previous statements about transitioning to AI-driven algorithms [4][16]. Group 2: AI Implementation - Musk aims to fully automate X's algorithms with AI, allowing users to interact with Grok to customize their content feeds [16][17]. - The introduction of Grok signifies a shift from traditional engineering roles to AI-driven solutions, with Grok now positioned as a central figure in managing content on X [17][18]. Group 3: Leadership Changes - Musk has appointed twin engineers Dima and Ievgin Soboliev from xAI to lead the transformation at X, emphasizing a rigorous work culture and efficiency [7][15]. - The Soboliev brothers have a strong background in AI and have previously worked at major tech companies, bringing significant expertise to their roles [10][11][12][13]. Group 4: Broader AI Strategy - Musk is also pursuing the "Macrohard" initiative, which aims to automate software development using AI, potentially replicating the functions of companies like Microsoft [19][21]. - The Macrohard plan includes developing AI tools for various applications, including coding and game design, indicating a comprehensive approach to AI integration across Musk's ventures [23][25]. Group 5: Risks and Challenges - The aggressive AI strategy raises concerns about the balance of responsibilities between content moderation teams and AI systems, leading to potential safety issues [26][29]. - Ongoing layoffs may hinder critical projects, such as the "X Money" payment service, which requires stable leadership and sufficient staffing to address regulatory concerns [27][28].

Core Viewpoint - Elon Musk is replacing employees at X (formerly Twitter) with AI technology, specifically using Grok to take over roles previously held by human engineers [1][2][9]. Group 1: Employee Reductions - Musk has laid off half of the engineering team responsible for trust and safety issues at X, reducing the team from over 100 members to fewer than 10 [2][3][4]. - The layoffs are part of a broader strategy to automate processes and reduce human labor in favor of AI solutions [22][32]. - The remaining engineering staff at X is estimated to be around 100, but further layoffs may occur [21]. Group 2: AI Integration - Musk aims to fully automate X's algorithmic recommendations, transferring responsibilities to Grok, which will match user interests through content consumption [6][23]. - The introduction of Grok as a central figure in content management signifies a shift from human oversight to AI-driven processes [24][25]. - Musk's Macrohard initiative seeks to automate software development, indicating a desire to replicate Microsoft's functions using AI [28][30]. Group 3: Leadership Changes - Musk has appointed twin engineers Dima and Ievgin Soboliev from xAI to lead the transformation at X, promoting a demanding work culture [11][20]. - The twins have a background in applied mathematics and have worked at major tech companies, bringing significant expertise to their roles [12][16]. Group 4: Risks and Challenges - The shift to AI raises concerns about accountability, particularly regarding the safety team’s ability to manage content generated by Grok [34][35]. - The ongoing layoffs and restructuring may hinder critical projects, such as the proposed payment service "X Money," which requires stable leadership and staffing to gain regulatory approval [36][38].

🚨 LATEST: Elon Musk claims "X Money" will come out "soon." https://t.co/DbjKHCQMMP ...

Product Updates - X launched "XChat," a unified inbox integrating regular DMs with fully encrypted chats [1] - The new communications stack includes encrypted messages, audio/video calls, and file transfer capabilities [1] - X aims to become the "everything app" [1] Financial Implications - Investment is expected soon to support the development of these new products [1] Strategic Direction - X is actively seeking talent to contribute to building innovative products [1]

Core Insights - X is struggling to maintain revenue growth despite initial increases in ad spending following the U.S. election [2][3] - The platform's revenue for Q2 2025 was approximately $707 million, reflecting a 2.2% decline from Q1 2025 but a 20% increase compared to 2024 [2] - Overall revenue has been on a downward trend since Elon Musk's acquisition, with total revenue dropping from $4.4 billion in 2022 to an estimated $2.6 billion in 2024 [3][4] Revenue Performance - X's revenue is projected to reach around $2.9 billion in 2025, aided by expanded subscription and promotion packages [4] - The platform is burdened with annual debt servicing costs of approximately $1.2 billion, limiting its financial stability [5] Future Projections - Musk's initial revenue forecast for X was $26.4 billion by 2028, which appears increasingly unrealistic given current performance [5] - The X Premium subscription service is generating an estimated $200 million annually, but has not significantly reduced reliance on advertising revenue [6] - The anticipated "X Money" initiative is still pending regulatory approvals, delaying its rollout [6]

BREAKING: 𝕏 Money is coming to beta users soon. It’s working internally for xai employees. https://t.co/hgLkN5ud7Z ...

The Information：马斯克X平台支付业务X Money遭监管机构阻碍，员工离职率上升。 ...

X Platform Evolution - X has evolved from short texts and two-minute videos to hour-long videos and novel-length posts [1] - X is improving its direct message system with X Chat, enabling encrypted audio and video calling [1] - X Money is expected to launch in a few months [1] Core Value - X's core value is freedom and being the place to find the truest information [1]

Group 1 - The CEO of X, Linda Yaccarino, announced that users will soon be able to invest and trade on the platform, managing their entire financial lives [1][3] - X is exploring the launch of credit or debit cards, potentially debuting within the year, as part of Musk's vision to create a super app that integrates communication, payments, and shopping [3] - Earlier this year, X announced the introduction of a digital wallet and peer-to-peer payment service called "X Money," with Visa as its first partner, expected to launch later this year in the U.S. before expanding to other regions [3] Group 2 - The expansion into financial services will bring regulatory challenges, including licensing and anti-money laundering compliance [3] - Following Musk's $44 billion acquisition, X has faced advertising challenges, with many advertisers leaving due to content moderation issues, although 96% of pre-acquisition advertisers have returned [3] - eMarketer predicts X's revenue will increase to $2.3 billion this year, up from $1.9 billion last year, but still significantly lower than the $4.1 billion revenue during Musk's takeover [3] - Yaccarino mentioned that after being acquired by Musk's xAI for $45 billion, X will enhance its AI capabilities to improve ad targeting and user experience [3]