Elon Musk shared that X Money, a new payments feature for the X platform, should reach users in a limited external beta within the next two months.
Musk shared the update during his company’s “All Hands” meeting on February 11. He noted that X Money is already in use within the company in a closed beta.
He described the feature as a central part of X’s plan to become an all-in-one app for communication, content, and financial activity.
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He said the goal is to make X a place where users can manage most of their daily digital tasks, including payments.
Musk mentioned that X has around 1 billion installations, though about 600 million people use it monthly. He said that expanding features like messaging, Grok, and X Money should increase regular use.
Musk has pushed for payment features on X since buying Twitter in 2022. The idea also connects to his early work in 1999, when he co-founded X.com.
The role of crypto in X Money is still unclear. Musk has expressed support for Dogecoin
According to the Blockchain Council, X Money will support crypto in the future.
Meanwhile, Musk recently decided to bring xAI, his artificial intelligence (AI) project, under the control of his space company, SpaceX. What did he say? Read the full story.
