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X Money landing in April - Musk
“X Money early public access will launch next month,” Musk posted on the platform.
The launch follows internal tests with X staffers and a promotion earlier this month that saw Star Trek actor William Shatner roped in for a promotion offering people beta invites in exchange for a charitable donation.
Musk has a long-held ambition to transform the social media platform into an “everything app” where users can conduct their “entire financial life”.
In October 2023, at an all hands call with employees, Musk laid out his vision for X: “When I say payments, I actually mean someone’s entire financial life. If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account.”
At the time, he targeted an ambitious timeline for the new financial features, insisting that “it would blow my mind if we don’t have that rolled out by the end of next year”.
Last month, X head of product Nikita Bier claimed that users would also soon be able to trade stocks and crypto directly from their timeline.