2 chapters across the catalog
Elon Musk's X (formerly Twitter) has partnered with Visa to launch "X Money," moving the platform closer to becoming an "everything app." X has secured money transmitter licenses in over 30 states, allowing it to function similarly to Venmo or Zelle. The partnership likely utilizes Plaid, a fintech connector owned by Visa, to facilitate instant peer-to-peer payments and fund storage for creators.
Elon Musk, X.com URL Migration and Banking Ambitions
Elon Musk has officially transitioned the Twitter URL to X.com, fulfilling a long-term branding goal dating back to his tenure at PayPal. The move is viewed as a step toward transforming the social media platform into a financial institution, as Musk has secured money transmitter licenses in 38 U.S. states. The platform aims to integrate banking services to increase user engagement and financial utility.
