Elon Musk has announced the upcoming launch of 'X Chat,' a new messaging app designed to rival Telegram and WhatsApp. Speaking on The Joe Rogan Experience podcast, Musk revealed that X Chat will feature a peer-to-peer encryption system similar to Bitcoin, aiming to enhance user privacy. The app is expected to roll out in the coming months and will not include advertising hooks, which Musk criticized as potential security vulnerabilities in existing messaging platforms. Musk emphasized that X Chat will replace the current Twitter DM system with a fully encrypted platform, allowing users to text, send files, and make audio and video calls securely. The app will be available both as part of the X platform and as a standalone application, promising to be "the least insecure of any messaging system."