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Visa Partnership Takes X Closer Toward Musk’s “Everything App” Vision
The real-time payment service will launch in the US later this year, as the platform evolves into a Western equivalent of China’s WeChat.
X is taking another step toward becoming an “everything app” by partnering with Visa to introduce a real-time payment service known as the X Money Account. The news marks a significant milestone in Elon Musk’s vision for the platform, which has been evolving since his $44 billion acquisition in 2022.
According to X CEO Linda Yaccarin, the new feature will enable users to make peer-to-peer payments via an in-platform digital wallet. The transactions will link to users’ debit cards, allowing them to send money to others or transfer funds to their bank accounts.
Visa confirmed the partnership in its own announcement, stating that X Money will leverage Visa Direct, the company’s instant transfer service. Initially, the feature will be available only in the US, with no details yet on whether it will expand internationally.
Yaccarino described the Visa deal as a “milestone for the Everything App” and hinted at more major announcements for X Money in the near future.
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Musk’s ambition to create a super app has been well-documented. Even before acquiring Twitter, the billionaire frontman of SpaceX and Tesla had spoken about turning it into a Western equivalent of China’s WeChat — a single platform combining messaging, video, streaming, and payments.
However, entering the financial services space is a risky undertaking for X, putting it in direct competition with other tech heavyweights such as Apple, Google, and Meta.
Finally, as X moves forward with its payment service, it remains to be seen how the platform will navigate regulatory challenges and competition. Whether Musk’s long-standing dream of an “everything app” will materialize is still uncertain, but this partnership with Visa signals a determined step in that direction.