Elon is always obsessed with WeChat’s model. (For those who don’t know about WeChat, it is basically the name of the ‘Everything app’.)
Everything in one single point is pretty convenient but has led to a bunch of risks…
Leave a risk that you know in the comment.
It seems like what he wants to add is mainly real-world identity and payments. The US already has an ‘everything app’ that has social media, shopping, classifieds, identity and payments - facebook.