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.
Screenshots of posts from an X account parodying Chinese AI startup DeepSeek's founder Liang Wenfeng have been re-shared as authentic amid worldwide interest in the company in late January.
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 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.
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.”
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 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-owned social network X announced a partnership with Visa to handle person-to-person payments for its upcoming X Money product. The company will
X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.
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.
After the first test flights in 2025, Lockheed Martin will transfer the plane to NASA. Then, after acoustic testing over California's Edwards Air Force Base and Armstrong Flight Research Center, NASA will fly the X-plane over select U.S. cities in 2026 and 2027.
Elon Musk struck a deal with Visa Inc., naming the payments company the first major partner on his mission to turn X into an “everything app.”