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Elon Musk’s X launches X Money, a banking and finance service

28 July 2026
in Tech
Reading Time: 3 mins read
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Elon Musk’s X launches X Money, a banking and finance service
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Elon Musk has just taken one more step towards turning X into “the everything app.”

On Monday, Musk’s social media platform X announced the launch of a new service on the platform called X Money. 


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What is X Money? The new service on X basically provides banking and financial services for paying X Premium and Premium+ subscribers right within the app. X Money includes peer-to-peer payments and money transfers within the X platform, as well as a deposit account. Users will also receive “the X card,” a physical Visa debit card for ATM withdrawals and in-person transactions.

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