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X Money Set for External Beta Launch in 1–2 Months

• Elon Musk announced X Money, the payment system within his social media platform X, will begin an external beta in 1–2 months after completing an internal closed beta.
• The service aims to be a central hub for financial transactions on the platform, potentially increasing daily active users to over one billion.
• Musk envisions X as an all-in-one app for communication and payments, with X Money facilitating peer-to-peer transfers and other monetary activities.
• X began testing digital wallet capabilities and person-to-person payments through a collaboration with Visa in early 2025.
• XChat, an encrypted messaging system with Bitcoin-level encryption, has been integrated into the platform to enhance communication features.

X Money’s upcoming external beta launch marks a significant step in transforming X into a comprehensive app for communication and financial transactions. The integration of features like XChat supports this vision by enhancing user engagement on the platform.