It looks like Elon Musk's X wants to get in the ring with Venmo and Zelle. The social media platform says it's partnering with Visa, one of the largest credit card processors in the US, to create X Money,
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.
X is one step closer to finally launching its payments platform. According to X CEO Linda Yaccarino, the X Money service will debut “later this year” with Visa announced as its first partner.
NEW YORK (AP) — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.”
Elon Musk says that his social media platform X, formerly known as Twitter, is a better source of information than the traditional news media. “I don’t read the legacy media anymore,” boasts Musk, who asserts that X has become “the collective consciousness of humanity.”
The social media platform X announced on Tuesday it was stepping into the financial ecosystem with the help of Visa by launching its own digital wallet.
X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.
Investors are starting to get their most complete look yet at the financial picture of social media platform X in the chaotic three years since its buyout by Elon Musk.
Employees at DHS and USCIS were advised in a letter to suspend approval of applications containing an "X" marker for gender instead of one of the two biological sexes.
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.
Yoshiki donates half a million to LA wildfire relief, aiding MusiCares, Red Cross, WCK, and more. His philanthropy continues to inspire his and X Japan's global fans.