Elon Musk’s X Teams Up With Visa to Launch New Digital Wallet

Elon Musk is one step closer to turning X (formerly Twitter) into the “everything app.” On Jan 28, X CEO Linda Yaccarino announced a major new partnership with Visa to power the platform’s upcoming digital wallet: X Money.

“This is another milestone for the Everything App,” Yaccarino said. Visa will be the first official partner for X Money, which is expected to roll out later this year.

So, What’s X Money All About?

X Money is basically Musk’s take on Venmo or Cash App, but baked right into the X platform. You’ll be able to load money into your account using Visa Direct (that’s Visa’s real-time transfer tech), send or receive funds, connect a debit card, and even transfer money back to your bank.

Visa confirmed that users in the U.S. will be able to fund and move money instantly using their debit cards. Pretty slick.

Pay Creators, Tip Friends, and Maybe More

According to reports from CNBC, X Money won’t just be for personal payments—it’ll also let creators get paid directly on the platform for their content. That means no more waiting for payouts or dealing with third-party sites. Your earnings will just sit in your X wallet, ready to use.

App researcher sleuths have been digging through code and finding traces of this payment system for a while now, so this announcement is no surprise. But now it’s official—and real.

Crypto? Not Yet… But Maybe Soon

Elon has teased crypto integration for a while, especially with Dogecoin, but this Visa partnership didn’t mention crypto (yet). Still, voices like Lex Fridman are hyped. “I can’t wait for this,” he tweeted. “Payments, banking, etc. could use a lot of innovation. Integrating crypto would be great, too.”

Regulatory Hurdles Ahead

Getting approval for financial services in the U.S. is no joke. X has already snagged money transmitter licenses in 41 states and is registered with FinCEN, but it might not be available nationwide right away. The rollout will likely start small before going full scale.

With around 55 million U.S. users, X’s leap into finance is a big one—and it could reshape how people think about social media, banking, and payments.