The Hindu·3 min read·medium

Elon Musk's X adds banking in 'everything app' push

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AFP
Elon Musk's X adds banking in 'everything app' push
AI Summary

Elon Musk's X has launched 'X Money,' a banking service for premium subscribers that allows for peer-to-peer payments, bill pay, and high-yield savings. The move is part of Musk's broader strategy to transform X into an 'everything app' similar to China's WeChat.

Elon Musk's social media app X on Monday began offering its X Money banking service to all U.S. subscribers of its paid Premium and Premium+ tiers, part of the multi-billionaire's ambition to turn the site into an "everything app."

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