Shulou(Shulou.com)11/24 Report--

On Wednesday, local time, wooden Sister Cathie Wood thought Tesla CEO Elon Musk was considering turning social media platform Twitter into a super app like Wechat. She added, "Musk does believe in vertical integration, and Twitter will be a great example of vertical integration."

"he is thinking about super apps like Wechat," Musk said of Mr Musk's changes to Twitter at an online summit technology conference in Lisbon, Portugal, on Wednesday. "

Musk has previously hinted at plans to turn Twitter into a super app. Last month, he said on Twitter that the acquisition of Twitter was "a catalyst for building X for everything."

"Musk started out in the payment industry... he sold his company to PayPal," says wooden Sister. "I think his partnership with Twitter co-founder Jack Dorsey (Jack Dorsey) can turn Twitter into a super app. They have a good chance."

"wooden Sister" goes on to say that Twitter in the future may be more like a digital wallet. "so you can do all the banking on Twitter, some of the things done by the payment platform Cash App." Cash App is an online payment application developed by Square, a financial technology company led by Dorsey.

"wooden Sister" further elaborated: "you can shop here, you can borrow money here, this is your carry-on bank."I think they can do it."

"wooden Sister" has been optimistic about Tesla, Tesla shares in the Ark investment fund Ark Innovation ETF has been a large position. She said that Ark also invested in Twitter as part of Musk's $44 billion acquisition of Twitter, and that the company's venture capital fund, ARK Venture Fund, currently owns a small stake but plans to own more Twitter shares in the future.

"Musk does believe in vertical integration," wooden Sister added. Twitter "will be a great example of vertical integration."

Musk also said: "Musk has designed and built the ultimate mobile device, the Internet on the wheels of Tesla electric cars."

There are also public concerns that harmful content on the platform will spread after Musk buys Twitter. Referring to these concerns, Mujie said that the "darkness" of Twitter is that the content censorship mechanism is "opaque". "We don't see the algorithms and how they work."

Musk believes that Musk can turn Twitter into open source software so that the platform code can be censored, improved and made public.

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