In brief
- X Money, the financial services arm of the social media platform, will launch public access beta in April.
- The platform will offer peer-to-peer transfers and direct deposits, and allow users to earn yield.
- Despite Elon Musk cheering on Dogecoin (DOGE) for years, it appears to have no role in the launch.
Elon Musk’s long-awaited financial “everything app,” X Money, is entering early public access in April, according to the billionaire entrepreneur.
The payments app, which has recently been teased on social media from early beta testers, allows users to set up direct deposits, earn yield, and make payments directly in the app, rivaling the capabilities of other financial platforms like Venmo or Cash App.
“X Money early public access will launch next month,” Musk posted to X on Tuesday morning.
The platform’s early capabilities and interface have also been promoted by “Star Trek” actor William Shatner, who was invited to utilize the platform by Musk and is auctioning off beta access to support charity.
First 𝕏 Money Dunkin purchase? pic.twitter.com/iet7HJw8EA
— ALX 🇺🇸 (@alx) March 9, 2026
For a $1,000 donation to Shatner’s Hollywood Charity Horse Show, which supports children charities, individuals can gain early beta access to the platform and start making use of its features.
However, while users start to make use of the platform by making coffee purchases and transferring funds, there still is no obvious crypto connection—not even for Musk’s “favorite cryptocurrency,” the leading meme coin, Dogecoin (DOGE).
A crypto inclusion for X Money has long been rumored given Musk’s long history of DOGE cheerleading, but the firm has yet to share any hard details that point to crypto functionality. Even so, DOGE is up more than 8% over the last day, perhaps benefitting from speculation around the impending app launch.
Nevertheless, the X owner recently re-posted a third-party forecast of the app’s future features, which included loans, money market accounts, and “crypto integration.”
In the works for years, X Money unveiled Visa as a partner for secure and instant account funding in January 2025. Plus, via subsidiary X Payments, the firm has managed to secure more than 40 money transmitter licenses across U.S. states to bolster and secure its financial capabilities.
The approaching public access for X Money follows the social media platform’s financial tooling expansion, including the recent release of “smart cashtags,” which allow individuals to make trades and analyze traditional equities—and digital assets—directly on X.
But that doesn’t mean the firm is acting as a brokerage or executing trades on a user’s behalf, according to X Product Lead Nikita Bier.
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