# Affirm CEO Sees Little Appetite in the US for Elon Musk’s Everything App | Tech News (HT Tech)

> Musk wants Twitter, which he bought in 2022, to be more like Tencent Holdings Ltd.’s WeChat, a messaging service that also allows users to send each other funds, pay for goods and services and borrow money.

# Affirm CEO Sees Little Appetite in the US for Elon Musk’s Everything App

## Musk wants Twitter, which he bought in 2022, to be more like Tencent Holdings Ltd.’s WeChat, a messaging service that also allows users to send each other funds, pay for goods and services and borrow money.

Jul 29 2023, 07:49 IST

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While Elon Musk is facing an uphill battle, Max Levchin, who co-founded PayPal Holdings Inc. with Musk, said he isn’t betting against his one-time colleague. (AP)

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### By BLOOMBERG

Elon Musk’s vision of an everything app that includes banking capabilities may not be what Americans are looking for, said Max Levchin, who co-founded PayPal Holdings Inc. with the world’s richest man.

“I do think that the everything app worked really well in a place, in a time, in a different country,” Levchin, now chief executive officer of financial-technology firm Affirm Holdings Inc., said Friday on Bloomberg Television. “I don’t think the US consumer is looking for a version of a Tencent product.”

Musk wants Twitter, which he bought in 2022, to be more like Tencent Holdings Ltd.’s WeChat, a messaging service that also allows users to send each other funds, pay for goods and services and borrow money. The app is used daily by more than a billion people in China, but attempts by tech firms including PayPal, Facebook and Google to offer something similar in the US haven’t been successful.

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While Musk is facing an uphill battle, Levchin said he isn’t betting against his one-time colleague.

“Don’t ever put anything past Elon,” he said. “He has proven time and time again that he can achieve crazy things.”

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29 Jul, 07:48 IST

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