Elon Musk has confirmed that X Money – the long-anticipated financial services layer inside X – is now in closed internal testing.
- X Money is in internal testing, with a public beta expected within 30–60 days.
- The platform will start with P2P payments and fiat transfers, then expand into in-app stock and crypto trading through Smart Cashtags.
- X has partnered with Visa and secured licenses in over 40 U.S. states, aiming to become a full-scale financial super app with 1 billion users as the long-term target.
A limited external beta is expected within the next 30 to 60 days, pointing to a possible March or April 2026 debut, according to Musk’s xAI presentation on February 11, 2026.
The move marks a major step in Musk’s ambition to turn X into a full-scale “everything app.” With roughly 600 million monthly active users, the platform is positioning itself to expand beyond social media and into payments, investing, and digital finance.
Smart Cashtags Could Enable In-App Trading
One of the most closely watched features is the upgrade to “Smart Cashtags.” When users type or tap a ticker such as $BTC or $TSLA, they will be able to view real-time price charts and trending discussions directly inside the app.
Interface leaks suggest something bigger: integrated buy and sell buttons embedded within these tags. That points toward direct trading functionality without users leaving the platform.
While trade execution may rely on external brokerage partners, X would act as the discovery and user interface layer. If implemented, it would allow both traditional equities and cryptocurrencies to be traded seamlessly within the social feed.
Payments First, Investing Next
X Money will initially focus on fiat payments and peer-to-peer transfers. The goal is to centralize users’ financial activity – from splitting a dinner bill to managing investments – inside a single ecosystem.
To power its payment rails, X has partnered with Visa. The collaboration could eventually expand into an X-branded debit or credit card, further embedding financial services into the platform’s daily use cases.
Crypto and Stock Integration in Focus
Although crypto trading has not been officially confirmed for day one, expectations are high. Musk’s long-standing association with Dogecoin continues to fuel speculation that DOGE could be among the first supported digital assets.
There is also discussion around potential XRP integration, particularly given Cross River Bank’s connections within the Ripple ecosystem. Broader crypto support appears likely if X aims to compete with established fintech and brokerage apps.
On the equity side, Smart Cashtags are expected to support major stock tickers alongside digital assets, potentially reshaping how retail investors discover and interact with markets.
Regulatory Progress and Roadmap
X has already secured Money Transmitter Licenses in more than 40 U.S. states, a critical step toward nationwide payments functionality. However, New York remains a hurdle, as regulators have reportedly raised concerns about compliance staffing and oversight.
The rollout timeline currently stands as follows:
- Internal testing: Active as of February 2026
- External beta: Expected March–April 2026
- Broader U.S. rollout: Anticipated later in 2026
Musk’s long-term objective is bold. By embedding payments and trading into a platform already used for news, politics, and entertainment, he is targeting 1 billion users. If successful, X Money could significantly alter the competitive landscape for both fintech apps and online brokerages.
Whether the platform becomes a true financial super-app will depend on regulatory approvals, user trust, and how seamlessly trading integrates into the social experience. But with beta testing around the corner, the transformation of X into a digital finance hub is moving from concept to reality.
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