X Money: Elon Musk's Fintech Revolution is Ready for Debut

The project to turn X (formerly Twitter) into the so-called 'Everything App' is about to complete its most ambitious piece. During an 'All Hands' presentation of xAI held in February 2026, Elon Musk confirmed that X Money is no longer just a theoretical vision, but an operational platform currently being tested internally by company employees.

The goal is clear: to push the boundaries of social media to create an ecosystem where users can manage messaging, shopping and the entire administration of their personal assets in one place. Musk aims to push the number of monthly active users beyond 600 million, with the ultimate goal set at 1 billion. Analysts have no doubts: X is trying to replicate and surpass the success of WeChat in China, becoming an indispensable tool for everyday life.

Here is the Italian translation of the statement by Elon Musk:

As far as X Money is concerned, we have already made it operational in a closed beta phase within the company, and we expect that in the next one or two months we will move to a limited external beta, and then extend it to all X users worldwide. This project is really designed to be the place where all money is, the central source of every monetary transaction. It will truly be a turning point.

Strategic Partnerships and Licences The Foundations of X Money

To support this financial infrastructure, X has been working intensively on the regulatory and technological side. To date, the platform has already been licensed as a money transmitter in over 40 states in the US.

A key pillar of this strategy is partnerships with industry veterans. Last year, X entered into a strategic partnership with Visa, ensuring a robust and globally recognised payments network. These agreements will allow for a smooth transition to peer-to-peer payments and integrated banking services.

The Rollout: When will X Money arrive?

According to Musk's statement, the limited rollout to users is expected within the next one to two months. This external beta phase will be the prelude to the global rollout, officially marking X's entry into the fintech market as a personal finance 'game-changer'.

Crypto Speculations: The Mystery of Dogecoin and XRP

Although X Money has never officially confirmed the integration of cryptocurrencies as a payment method, the crypto-investing community is abuzz. Speculation is mainly on two fronts:

1. Dogecoin (DOGE): The link between Musk and the famous meme coin is historic. Many theorise that DOGE could become the ideal tool for micropayments on the platform, given its efficiency and the tycoon's public support.
2. XRP: The XRP hypothesis stems from the involvement of Cross River Bank, X's financial partner for processing payment flows. Cross River Bank has been using Ripple's protocol since 2014 for real-time cross-border payments, raising hopes of native token integration.+1

However, it is interesting to note that despite the enthusiasm of digital storytellers, DOGE and XRP prices did not show significant reactions to the news of X Money's imminent launch, suggesting some caution on the part of the market pending official confirmation.

Dogecoin will become the official currency on X, have affirmed users on X

Conclusion: A New Financial Order?

The impact of X Money on global markets and the traditional financial system will only become clear once the platform is officially live. If Musk succeeds, X will no longer be just a place to talk about the world, but the place where the world moves its money.