X to Launch X Money in Partnership with Visa
X has announced plans to launch X Money, a new payments feature embedded within its social media platform, in collaboration with Visa. The company’s owner revealed in an official statement that the feature will initially be available in a highly limited beta phase, with development prioritizing operational efficiency and security.
Company officials added that X Money is scheduled for a broader launch later in 2025, leveraging Visa’s infrastructure to enable peer-to-peer (P2P) payments via debit cards and instant fund transfers to linked bank accounts. The integration aims to address the evolving needs and preferences of users while ensuring strict compliance with industry regulations and legal requirements.
More Insights into the X Money Launch
The rollout of X Money aligns with Elon Musk’s vision for X as an "everything app"—a one-stop platform integrating social media, payments, banking, and other solutions into a secure, efficient ecosystem. While regulatory challenges remain, X Money seeks to revolutionize the payment landscape for its user base.
The announcement follows X’s recent raise of nearly $1 billion in equity funding, valuing the company at the same price as its 2022 acquisition. As stated in a March 2025 filing, the funds will be used to repay X’s remaining debt. Notably, the Twitter buyout included approximately $12.5 billion in debt, and the fundraiser reflects a valuation of roughly $44 billion—consistent with the original acquisition cost.
