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[Musk's X Money Plan Stalled by Regulators and Employee Turnover] Odaily Planet Daily reports that Musk's X Money plan has been stalled due to regulatory hurdles and employee turnover. It is reported that one of Musk's greatest ambitions is to use technology to disrupt and replace traditional banks and payment processors. At the same time, one of his management philosophies is to push employees to develop products as quickly and cost-effectively as possible. Within X, these two philosophies are clashing. Musk hopes that X can quickly launch a nationwide payment service, which has led to regulatory obstacles and subsequently triggered a wave of senior employee departures.

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Today 2025-09-06
17:40

SOL falls below the $200 mark

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