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Elon Musk launches X Money - a new stage in the development of financial services
Main page | News | Elon Musk launches X Money - a new payment service of the X platform
Elon Musk announced the launch X Money — a new payment and banking service, which will become part of the ecosystem X platform. The project is a key step towards transforming the social network into a universal application, combining communication, content and financial services.
At the first stage users will become available digital wallet, instant transfers between users and integration with banking infrastructure thanks to cooperation with Visa. In the future functionality the service can be significantly expanded due to new financial products.
Launch X Money is capable strengthencompetition in the digital payments market and bring closerimplementation ambitious idea Musk to create a Western analogue of «super-applications», where most everyday tasks — from communication to financial management — are performed in a single interface.
Added: 27.06.2026 
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