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Elon Musk revealed during an internal xAI all-hands meeting in February 2026 that X Money is already live in a closed internal beta, with a limited public rollout expected within one to two months, the most concrete timeline yet for a payments product backed by money transmitter licences in more than 40 US states and a Visa partnership secured in 2025.
During an internal xAI “All Hands” meeting held in February 2026, Musk disclosed that X’s payments and financial services product is already live in a closed internal beta. According to Musk, a limited public rollout could follow within one to two months — a timeline that has reignited speculation across crypto and fintech circles about the impact of the X Money launch.
Since acquiring Twitter and rebranding it as X, Musk has repeatedly said the platform’s future extends far beyond social media. His broader vision is to consolidate communication, commerce, and personal finance into a single interface — a strategy often compared to China’s WeChat.
The X Money launch represents the most critical missing component of that vision. Messaging and content already sit at the core of X, but payments and asset management are the mechanisms Musk believes will unlock long-term growth.
“For X Money, we actually had X Money live in closed beta within the company,” Musk said during the presentation. “We expect in the next month or two to go to a limited external beta and then to go worldwide to all X users. This is intended to be the central place where all the money is.”
One reason investors are taking the X Money launch seriously is the extent of regulatory preparation already completed. X has secured money transmitter licenses in more than 40 U.S. states, a process that typically takes years and signals intent to operate at national scale.
In addition, X partnered with Visa in 2025 to support payment processing, a move widely viewed as a prerequisite for broader financial functionality. These steps suggest that the X Money launch is designed to integrate with existing financial rails rather than operate entirely outside the traditional system.
Industry analysts note that Musk’s approach mirrors successful fintech expansions elsewhere: start with payments, then layer in additional financial services once user trust and transaction volume are established.
Although X has not confirmed that cryptocurrencies will be supported at launch, the X Money launch has captured the attention of crypto markets due to Musk’s history and the platform’s scale.
With more than 600 million monthly active users targeted — and a long-term goal of reaching one billion — X could instantly become one of the world’s largest financial distribution platforms. Any crypto asset integrated into the system would gain unparalleled exposure.
This potential has fueled speculation well ahead of the X Money launch, even in the absence of official confirmation.
The most persistent theory links Dogecoin (DOGE) to the X Money launch. Musk has repeatedly referenced DOGE over the years, describing it as suitable for fast, low-cost micropayments.
That association, combined with Musk’s influence, has led some traders to believe DOGE could eventually be supported within X’s payment ecosystem. However, Musk has not reiterated this idea in recent comments, and no documentation tied to the X Money launch mentions Dogecoin specifically.
Market data reflects that uncertainty. DOGE prices showed no significant movement following Musk’s latest remarks.
A second narrative centers on XRP, tied indirectly to X’s banking relationships. Cross River Bank — a financial partner involved in X’s payment infrastructure — has used Ripple’s technology since 2014 to facilitate real-time cross-border payments between the U.S. and Western Europe.
This connection has prompted speculation that XRP could play a role once the X Money launch expands internationally. Still, no evidence suggests Ripple technology is integrated into X Money, and XRP prices likewise remained flat after the announcement.
Despite the excitement, industry observers caution against over-interpreting early signals tied to the X Money launch.
“Payments infrastructure doesn’t automatically mean crypto adoption,” said a senior fintech analyst at a U.S. investment bank. “X appears focused first on compliance, scalability, and mainstream usability. Crypto may come later — or not at all.”
Others note that Musk’s broader objective may be behavioral rather than ideological: keeping users inside the X ecosystem for every transaction, regardless of whether those transactions involve fiat or digital assets.
If timelines hold, the X Money launch will move into limited public testing within weeks, followed by a broader rollout later this year. That phased approach would allow X to stress-test fraud controls, customer support, and regulatory reporting before expanding globally.
For crypto markets, the real significance of the X Money launch may not be immediate price action, but structural influence. A successful rollout would validate the idea that social platforms can evolve into financial hubs — a shift that could reshape how digital assets compete for relevance.
Until then, speculation will likely continue. But for now, the X Money launch stands as a pivotal milestone in Musk’s attempt to redefine how money, communication, and technology intersect on a global scale.
