X Money, a digital wallet and peer-to-peer payment platform with a metal Visa card, is launching to US X Premium subscribers today, marking a step in Elon Musk's goal to turn X into an everything app.
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<p class="wp-block-paragraph">X Money, a core part of Elon Musk's mission to turn X into an "<a href="https://www.theverge.com/23940924/elon-musk-x-twitter-all-hands-linda-yaccarino-super-app">everything app</a>," is rolling out starting today, <a href="https://9to5mac.com/2026/07/27/x-money-apple-wallet/"><em>9to5Mac</em></a> reports. The <a href="https://money.x.com/en">payment platform</a> offers a digital wallet and peer-to-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username. Other perks include Apple Wallet support and free money transfers on X. It also advertises "up to" a 6 percent APY, but only Premium Plus subscribers are <a href="https://money-support.x.com/en/i/interest-faq">eligible for it</a> - standard Premium subscribers have to deposit a certain amount of money to get a "boosted" 6 percent APY. </p>
<p class="wp-block-paragraph">X Money was previously limited to an invite-only beta, but will now be available t …</p>
<p><a href="https://www.theverge.com/tech/971649/x-money-launch-elon-musk">Read the full story at The Verge.</a></p>
# X Money is launching in the US starting today
Source: [https://www.theverge.com/tech/971649/x-money-launch-elon-musk](https://www.theverge.com/tech/971649/x-money-launch-elon-musk)
[](https://www.theverge.com/authors/stevie-bonifield)
Stevie Bonifield
is a news writer covering all things consumer tech\. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI\.
X Money, a core part of Elon Musk’s mission to turn X into an “[everything app](https://www.theverge.com/23940924/elon-musk-x-twitter-all-hands-linda-yaccarino-super-app),” is rolling out starting today,[*9to5Mac*](https://9to5mac.com/2026/07/27/x-money-apple-wallet/)reports\. The[payment platform](https://money.x.com/en)offers a digital wallet and peer\-to\-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username\. Other perks include Apple Wallet support and free money transfers on X\. It also advertises “up to” a 6 percent APY, but only Premium Plus subscribers are[eligible for it](https://money-support.x.com/en/i/interest-faq)— standard Premium subscribers have to deposit a certain amount of money to get a “boosted” 6 percent APY\.
X Money was previously limited to an invite\-only beta, but will now be available to X Premium and Premium Plus subscribers in the US\. The launch comes a few months after Elon Musk[said](https://x.com/elonmusk/status/2031363107839438939?s=20)“early public access” for the payment platform was launching in April\.
Earlier this year, Senator Elizabeth Warren[raised safety concerns](https://www.theverge.com/policy/911702/elon-musk-x-money-senator-warren)about X Money, writing that it could pose risks to “consumers, our national security, and the stability of the financial system\.” Launching a payment platform on X has been a mission of Musk’s for a while now — in 2023, he said[during an X staff meeting](https://www.theverge.com/2023/10/26/23934216/x-twitter-bank-elon-musk-2024)that, “If it involves money, it’ll be on our platform\.”
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- Stevie Bonifield
X Money launches for US Premium subscribers but faces significant limitations, including missing licenses in New York and Massachusetts, restricted peer-to-peer payments, and potential account freezes, making widespread adoption uncertain.
𝕏 Money launched today, offering 6% cash APY, up to $10 million insurance, 3% cashback on purchases, and a metal Visa card (stamped with your @ handle). No minimum deposit, no foreign transaction fees.
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