Elon Musk’s X Money Prepares for Beta Launch, Aiming to Reshape Digital Finance
Elon Musk is advancing his vision of an 'everything app' with X Money, a payments system entering limited beta within two months. The platform, already in closed internal testing, seeks to centralize monetary transactions alongside messaging, content, and AI services like Grok. Musk's strategy echoes China's WeChat—integrating social media, payments, and commerce into a single ecosystem.
X boasts nearly 1 billion installed users (600 million monthly actives), with financial services poised to deepen engagement. The MOVE signals Musk's ambition to dominate daily digital interactions, leveraging X's existing infrastructure to challenge traditional finance.