Elon Musk said X’s upcoming payments platform, X Money, is already running in a closed internal beta as part of his plan to transform the social network into an “everything app.”
Musk confirmed during a February 2026 presentation that the service will soon move to a limited external beta before eventually rolling out globally.
“This will be big,”
Musk wrote on X after reposting a message outlining potential future features such as investing tools, loans, and crypto integration.
Screenshots shared by actor William Shatner suggest the platform may include a debit card offering cashback rewards as part of its financial services.
Speculation around cryptocurrency support has intensified due to Musk’s long-standing public support for Dogecoin and his repeated involvement in crypto-related discussions.
If implemented, crypto payments on X Money would join existing services from fintech platforms such as PayPal and Revolut that already support digital asset transactions.
The payments feature is considered a critical component of Musk’s broader strategy to combine social media, payments, and financial services into a single platform.
At the time of reporting, Dogecoin price was $0.09361.