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Your Personal Daily Intelligence
Edition 2026-07-28

TECHNOLOGY

X Money Launches in the United States

X Money, a payment service linked to Elon Musk’s X platform, began rolling out in the United States on the day of its launch, according to 9to5Mac.

By theverge · 88d ago · Source: theverge

Full article

X Money, a payment service linked to Elon Musk’s X platform, began rolling out in the United States on the day of its launch, according to 9to5Mac. The service, which had been limited to an invite‑only beta, is now offered to X Premium and Premium Plus subscribers in the United States. Musk announced the expansion in April, saying that any money‑related functionality would be integrated into X. X Money provides a digital wallet, peer‑to‑peer payments comparable to Venmo, and a metal Visa card that can display a user’s X username. The platform supports Apple Wallet and offers free transfers within X, while advertising an annual percentage yield of up to 6 percent for Premium Plus members; the boosted rate requires a minimum deposit for standard Premium users. Senator Elizabeth Warren raised concerns about potential risks to consumers, national security, and the stability of the financial system, citing the service in a letter earlier this year. Musk has previously indicated that the payment feature aligns with his vision of X as an “everything app,” stating in a 2023 staff meeting that “if it involves money, it’ll be on our platform.” The launch represents a significant step in X’s effort to expand its financial services, though regulatory review and competition with established payment providers remain.

Source transparency

Publisher
theverge
Reliability
high
Published
7/28/2026, 10:00:30 AM
Retrieved
7/28/2026, 10:00:30 AM
Relevance
80%
Confidence
85%
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