Elon Musk Reveals X Money May Launch Soon, Fueling Crypto Speculation

Core Insights - X (formerly Twitter) is evolving into a "super app" called X Money, aiming to integrate messaging, shopping, and personal asset management into one platform [1][2]. Group 1: X Money Development - X Money is currently in internal testing among employees, with a limited rollout expected in the next one to two months [2][3]. - The platform has secured money transmitter licenses in over 40 US states and formed strategic partnerships with major payment companies like Visa [2]. Group 2: User Growth Ambitions - Elon Musk aims to increase monthly active users to over 600 million, with a long-term goal of reaching 1 billion, drawing comparisons to China's WeChat [4]. Group 3: Crypto Speculation - There is speculation that X Money could support cryptocurrencies, particularly Dogecoin (DOGE) and XRP, although no official confirmation has been made regarding crypto as a payment option [4][5]. - The connection to Dogecoin is linked to Musk's personal brand and past comments on its suitability for micropayments [5]. - XRP's speculation is associated with Cross River Bank, which has integrated Ripple's protocol for cross-border payments [5].