Musk plans to turn X into a super app, with banking and payment functions expected to be launched soon.

date
27/04/2026
After over three years of acquiring Twitter, Elon Musk announced that he is moving towards his long-standing goal of turning the application into a "super app" that includes a new financial service tool, which he previously promised to launch to the public this month. Based on the time frame provided by Musk last month, the bank and payment platform X Money built into the social network X is expected to be opened to the public soon. Early users who have tested the service have praised its competitive offers, including 3% cash back on qualifying purchases and a 6% interest rate on cash savings - the latter being approximately 15 times the national average. According to reports from early users, Musk's new product is expected to also provide free peer-to-peer transfers, metal Visa debit cards with the user's X signature, and an AI butler service developed by Musk's startup company XAI to track expenses and organize past transaction records.
Latest
See all latestmore