X launches US banking service X Money for Premium users

Elon Musk's X has officially launched its integrated banking and payment service, X Money, across the United States, marking the company's most significant expansion toward becoming a so-called "everything app." The service, which began a nationwide rollout on July 28, 2026, is now available to users subscribed to the X Premium and Premium Plus tiers, moving beyond its previous invite-only beta phase.

X Money transforms the social media platform into a financial hub, allowing subscribers to send, receive, and request money from other X users instantly without transfer fees. The service includes full digital banking features such as linking external bank accounts, setting up direct deposit for paychecks, paying bills, mailing checks, and sending wire transfers. Users can also receive their paychecks up to two days early compared to traditional banks.

The platform is paired with a Visa-branded debit card, called the X Card, which can be issued in physical metal or virtual form. The card offers 3% cash back on eligible purchases, fee-free global ATM withdrawals, and no foreign transaction fees. It is compatible with digital wallets like Apple Pay and Google Pay. A key promotional...