Haofei Wang, who has acted as director of engineering at Elon Musk’s financial services firm X, has left the organisation, reportedly leaving Mike Dalton and Uday Ruddaraju to take up leadership positions within the company.
X, which is also known as X.com, has recently obtained a $44bn valuation from investors, the same value as Musk’s recent purchase of Twitter in 2022.
When Musk bought Twitter, he promised to transform it into an all-encompassing “WeChat” style app, and it is believed that X’s new payments platform, X Money, will launch this year as part of this strategy.
However, since Musk’s decision to back Donald Trump’s campaign to become president again, his attention has been notably divided between the two companies.