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Quick X stats from Bloomberg:

- Revenue is down 40 percent from 2022; the company made $1.48 billion in revenue in the first six months of 2023.
- It turned a $456 million loss in Q1FY2023
- It has been approved in 28 states for money transmitter licenses. It hopes to launch payment services later this year.
- “X plans to give users access to a digital dashboard on its website and mobile app that will serve as a centralized hub for all payments activity.”

https://www.bloomberg.com/news/articles/2024-06-18/documents-show-how-musk-s-x-plans-to-become-the-next-venmo?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcxODc2NjIwOCwiZXhwIjoxNzE5MzcxMDA4LCJhcnRpY2xlSWQiOiJTRjlUNDJEV1gyUFMwMCIsImJjb25uZWN0SWQiOiIxNUJCN0M5QTM2MDg0MEIxQjk1OTk1MkE1Q0M1MEJFRSJ9.lZF1gooPBtqB7oGO5FWC72fdFWGeJjXtxxs1ySMup-c