X Teams Up with Visa to Power New X Money Digital Wallet

Elon Musk’s social media platform X is taking a major step toward becoming a financial powerhouse. The company has announced a new partnership with Visa to help power its upcoming payments product, X Money.

The integration will utilize Visa Direct, Visa’s real-time money movement technology, allowing users to:

According to X CEO Linda Yaccarino, this is just the first of several major announcements planned for X Money in 2025. Although the partnership is confirmed, the product itself has not yet launched.

Elon Musk has been vocal about his plans to turn X into more than just a social platform since taking over the company. His early vision included features like:

To bring this vision to life, X has been actively acquiring money transmitter licenses across the U.S. through its financial arm, X Payments. As of now, the company holds licenses in over 40 states, paving the way for a national rollout.

App researchers have repeatedly spotted references to X Money in the platform’s source code. Features under development include:

Notably, tech researcher Nima Owji reported earlier this year that X Money may not be accessible in all U.S. states initially.

The partnership with Visa adds major credibility to Musk’s push to rebrand X as an “everything app” combining media, messaging, and money.