X Money, the payment and banking app tipped by Elon Musk in 2022 after he acquired Twitter, has started beta testing, Musk confirmed in an X post on May 25.
Tesla Owners Silicon Valley, a fan X account focused on Elon Musk and Tesla, took to X on May 25 to report that Musk has confirmed that X is “launching X Money soon.”
Source: Elon Musk
The billionaire businessman subsequently jumped on the X thread to confirm the news, writing that the test will be a “very limited access beta at first.”
“When people’s saving are involved, extreme care must be taken,” he wrote.
X Money expects launch in 2025
Musk’s confirmation comes amid X Money’s planned launch this year, according to the platform’s X account.
Source: X Money
Musk’s silent confirmation of X Money trials followed a series of reports suggesting the platform may launch this year