Musk confirms X Money beta testing ahead of planned 2025 launch

Initial testing of the payment and banking app will be limited because "extreme care" must be taken when people's savings are involved, Elon Musk wrote on X.

Elon Musk in 2022 after he acquired Twitter, has started beta testing, Musk confirmed in an X post on May 25.

Tesla Owners Silicon Valley, a fan X account focused on Elon Musk and Tesla, took to X on May 25 to report that Musk has confirmed that X is “launching X Money soon.”

The billionaire businessman subsequently jumped on the X thread to confirm the news, writing that the test will be a “very limited access beta at first.”

“When people’s saving are involved, extreme care must be taken,” he wrote.