Elon Musk’s financial “everything app,” X Money, is set to enter early public access in April, marking a major step in the social media platform’s push into payments and financial services.
The app will initially offer peer-to-peer transfers, direct deposits and yield-earning features, positioning it as a competitor to popular payment platforms such as Venmo and Cash App.
“X Money early public access will launch next month,”
Said X owner Elon Musk in a post on the platform on Tuesday.
Despite Musk’s long-standing support for Dogecoin (DOGE), there is currently no confirmed crypto integration in the initial version of the app.
Some early beta users have already begun testing the platform’s payment features, with actor William Shatner promoting access to the beta through a $1,000 charity auction supporting the Hollywood Charity Horse Show.
Speculation around the launch may still be supporting the meme coin’s price, with Dogecoin rising more than 8% over the past 24 hours despite the absence of confirmed functionality within the app.
X Money has been in development for several years and secured Visa as a funding partner in January 2025, while its subsidiary X Payments has obtained more than 40 money transmitter licences across US states.
The upcoming launch follows X’s broader push into financial tools, including the introduction of “smart cashtags,” which allow users to analyse stocks and cryptocurrencies directly within the platform.
At the time of reporting, Dogecoin price was $0.09443.