X Money: Elon Musk-Run X May Soon Launch Online Payment Service; Check Expected Features
Elon Musk’s X is reportedly preparing to launch X Money, a digital payment service for users to send and receive money. The platform may include spending limits, wire transfer support, and FDIC insurance. A user should be over 18 years of age, US citizen, and have an active X account.
Elon Musk-run X may soon roll out a new platform, X Money, which will be a dedicated online payment system that will allow users to send and receive money through the platform. As per a post of X Daily News (@xDaily), users will have spending limits that can be increased upon request. X Money may also support wire transfers from American banks. The service is said to be FDIC insured up to USD 2,50,000. As per reports, users will need to be at least 18 years old, hold US citizenship, and have an active X account to access the X Money service. Samsung Electronics To Adopt AI Coding Assistant Service ‘Cline’ in July To Boost Developer Productivity.
X Money Features
PREVIEW: More updates on X Money:
- There will be periodic limits on how much you can spend, but you can request to raise these limits
- Can receive wire transfers from American banks
- X Money is FDIC insured up to $250,000
- The latest iOS update for X mentioned an X Money… https://t.co/PmwcG7usYX
— X Daily News (@xDaily) June 6, 2025
(The above story first appeared on LatestLY on Jun 08, 2025 02:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
