Elon Musk Plans to Compete YouTube with X TV App
Elon Musk has stated that he intends to release a TV app the following week that will allow customers of Samsung and Amazon to watch lengthy programs. Elon Musk, CEO of the social media platform X, has exciting news for users. He’s unveiling the X TV App next week. This app will cater to Samsung and Amazon users. It’s designed for those who enjoy watching lengthy videos. With the X TV App, users can seamlessly indulge in their favourite content.
Elon Musk Plans YouTube with X TV App
X launched an early version of audio and video calling for certain customers in October of last year. According to Reuters, the billionaire had stated his intention to develop it into a super app. The super app would offer peer-to-peer payments along with communications.
In response to a user’s post indicating that long-form movies on the social network might be viewed directly on smart TVs, Musk commented, “Coming soon.”
According to a Fortune story cited by Reuters, the app might resemble Google’s YouTube TV app. According to an unnamed insider quoted in the report, Musk was determined to take on YouTube.
In an effort to establish itself as a “video first platform,” X has been forming alliances with people like former CNN anchor Don Lemon and Fox pundit Tucker Carlson.
Since Musk acquired it in 2022, X has faced difficulties holding onto advertisers due to issues.
In a related development, Musk hinted that X would soon receive approval to apply for a New York money transmitter license. Additionally, he stated that X might obtain a license in California within the next month or two. However, receiving clearance in New York might take “a few months away,” according to Reuters.
The entrepreneur aims to transform it into an “everything app.” It will offer functions beyond social networking. Users will have the ability to send money to other X users. This functionality is similar to Tencent’s popular WeChat app in China.
Experts estimate that X TV App will need a money transmitter license in every state for nationwide services. Musk emphasized New York and California approval as crucial. These states, densely populated, are known for lengthy approval processes.
Certain states, like as Utah and Pennsylvania, have already issued X money transmitter licenses.
Elon And Tesla
There is no denying that Elon is a genius and earlier he came up with something like Tesla. Tesla is a landmark and so far we don’t see any company coming near to his idea and what he was able to do. Furthermore, with the evolution of Tesla, he was able to cement his personality.
Elon And Space X
It was after Tesla when Elon came up with something Space X and this was revolutionary. It was after Space X that he gave a major edge to NASA. His mission to colonise Mars was something that so many of us thought wouldn’t happen.
Elon Musk And His New Venture
Elon has recently come up with a new venture and this includes him launching “X” TV according to many reports, it is said that he is determined to take a dig on YouTube.
His main mission is to make it a streaming service and it is going to be very different as it will be centred around the life of influencers, media celebrities and content celebrities moreover, it will also include video game broadcasting.
This came after many content creators said that they had seen much better ad revenue after they moved there content to X. It may be that after this Elon must have gotten this idea where he went ahead to make a separate and more specific media streaming service.
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