Elon Musk X to launch an app to compete with YouTube

Elon Musk reportedly plans to transform Twitter, now called X, into a competitor for YouTube. According to a report, X is set to launch an app on streaming players and smart TVs, which will allow users to stream video from X to their TVs. This move comes after popular YouTuber MrBeast tested the platform by posting videos on X, which garnered significant attention and ad revenue. Musk has reportedly approached other popular YouTubers to post their content on X and has discussed creating financial incentives for creators to use the platform. If successful, this could bring about major changes in the video-sharing and live-streaming industry.