Elon Musk Confirms An Unprecedented Upheaval With The Imminent Launch Of X Money
Elon Musk has unveiled ambitious plans to transform X into a multifunctional ’everything app,’ mirroring China’s WeChat. The platform, once known for its social networking roots, is poised to integrate comprehensive financial services—dubbed ’X Money’—in a beta rollout. Enhanced security protocols will safeguard user savings, while Musk’s vision consolidates payments, banking, and financial tools under one digital roof.
Regulatory hurdles loom large, particularly in securing state-by-state licensing across the U.S. The MOVE signals a potential paradigm shift in digital finance, positioning X as a disruptive force alongside traditional and crypto-native players.