CEO Tesla Elonmask confirmed on Sunday that his X platform would soon launch the pilot payment service.
In response to the comment from Tesla's Silicon Valley account that X would be launched “promptly”, Mask wrote: “This start will be a very limited access test.
He added:
“When people are saved, extra care must be taken.
Initially, this will be a very limited access test. Particular care must be taken when people ' s savings are involved.
May 25, 2025
As early as January, CEO Linda Yaccarino indicated that X Money would be working with Visa for the first time later this year and would allow users to connect their debit cards to make point-to-point payments.
The world's richest man and President Donald Trump's advisor talked about making X (formerly Twitter) a multi-purpose everything application in which people could pay for it. X Money will essentially act as a digital wallet, and Visa allows users to recapitalize the wallets from their bank accounts and then use it as a point-to-point service for other points such as Venmo.
Since SpaceX's boss Mask bought Twitter in 2022, it has been assumed that the site will be used as a encrypted payment platform, as the billionaire often praises mornin.
But neither in January's bulletin nor in Mask's latest comments does it mention dog or encrypted currency.
Mask said he's "not active in" the encrypted world, but he likes the eighth-largest digital coin, because, "It's got the best sense of humor, it's got dogs and memorizers, and I like all these things.