Elon Musk says X Money to enter early public access next month

Elon Musk on Tuesday ​said X Money, the social ‌media platform’s digital payment ​system, will ⁠enter early public access next month, as the billionaire ‌pushes to transform X into an “everything ‌app.”

The move comes ‌as ⁠the Tesla chief ⁠looks to take advantage of the platform’s sizable user ​base and ‌the growing trend of digital and in-app financial transactions to open ‌new revenue streams for ​X.

X partnered with payment company Visa ⁠last year to help offer direct payment services ‌to customers of the social media app.

Since buying X, formerly called Twitter, for $44 billion in 2022, Musk ‌has touted a plan ​of making the platform an “everything app,” ⁠aiming to offer a ⁠plethora of features including streaming, messaging, images, ‌videos and payments.