(Bloomberg) -- Elon Musk said buying $Twitter (TWTR.US)$ would speed up the creation of something he called "X, the everything app," suggesting he has ambitions for adding services to the blogging tool he wants to take private.
In his first public remarks since reviving the effort to buy Twitter for about $44 billion, Musk called the acquisition "an accelerant" to building a kind of multi-function app.
In the past, Musk has mused aloud about making Twitter more useful, indicating that he'd like it to be more like WeChat, a messaging service that's hugely popular in China, and TikTok, the Chinese-owned video-sharing service that's taken off across the US. He's drawn parallels to so-called super apps that are widely used in parts of Asia, letting people a single smartphone application for a broad range of services, from messaging and other communications to ordering food and summoning a car.
The $Tesla (TSLA.US)$ chief executive officer did not explain what "X" was, but he said in a follow-up tweet that Twitter "probably accelerates X by 3 to 5 years"
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