Elon Musk's X platform has launched X Money, a new financial service. This service allows users to send money to each other in real-time. X Money offers a competitive six percent yield on deposits and three percent cashback. Customers must meet deposit and premium subscription requirements to earn these benefits. The company aims to integrate financial services into its broader "everything app" vision.

X Money is rolling out to US Premium users with instant transfers, up to 6% APY, 3% cashback, early direct deposit, and a Visa debit card.

X has officially launched X Money, which includes Apple Wallet support, moving the service beyond its invite-only beta and beginning a...

Elon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ tiers, part of the multi-billionaire's…

Users can send, receive, or request money from others via X Money