Elon Musk has set next month as the start date for early public access for X Money, opening the service to selected users ahead of the full launch.
𝕏 Early public access for Money begins next month
— Elon Musk (@elonmusk) March 10, 2026
The announcement comes about a month after Musk said X Money would launch an external beta after private internal testing.
He called the payment system a “game changer” and said it has the potential to make X an essential part of users’ daily lives and help the platform reach more than 1 billion daily active users.
X Money is intended to act as a digital banking service that provides users with a quick and secure way to manage their finances, supporting Musk’s goal of turning X into an all-in-one platform for communication, payments, and daily life.
The project builds on groundwork from last year, including beta testing digital wallets and person-to-person payments in partnership with Visa, and rolling out XChat, an encrypted messaging system that Musk likens to Bitcoin-level security.
According to the FAQ page, the service combines standard banking features with digital-first tools, including instant person-to-person payments, virtual and physical Visa debit cards, and account management entirely through the X app.
To fund your account, users can choose from multiple methods including direct deposit, ACH transfer, wire transfer, and debit card.
Direct deposits, including payroll and government benefits, may be available up to two days earlier depending on the timing of your submission. Accounts are FDIC insured up to $250,000 through Cross River Bank.
Once an account is activated, users will be able to track transactions, set spending limits, and manage their account and cards in real-time through the app. Money Accounts earn interest on eligible balances and provide cash back on certain purchases.
You can instantly make P2P payments between Money users, and digital wallets like Apple Pay and Google Pay are also supported.
Access to X Money requires a verified X account and is limited to individuals 18 years of age or older residing in the United States.
Most of the day-to-day features are free, but there is a fee for instant debit card withdrawals. ATM fees will be refunded. Security measures include passkey authentication, card locking, and Visa Zero Liability Coverage for fraudulent transactions.
Cryptocurrency integration is not mentioned in X Money’s current features.
However, former CEO Linda Yaccarino has previously indicated that X plans to expand into investing and trading, and hinted that digital assets could be included in the future.
Disclosure: This article was edited by Vivian Nguyen. Please see our Editorial Policy for more information on how we create and review content.
