The social media network X, formerly known as Twitter, is looking to develop a trading hub inside the app, according to a Thursday report from Semafor.
In recent weeks, request plans for bids for financial information, real-time stock data, and other services were issued to major providers.
It was unclear which companies, if any, submitted proposals despite the fact that it invited potential bidders to specify how much money they would commit to the project, according to the report.
Musk claimed to have purchased Twitter as an “accelerant to creating X” last year, describing it as an “everything app” and equating it to WeChat, the dominant app in China.
Last month, Musk transformed Twitter’s recognisable blue bird into the letter “X” in a rebranding of the social media platform.