Will X become a payments app?

Q697 answers2022-2026
Short answer

In late 2023 he said X was waiting for final approvals of its money transmitter licenses.

From his 2023-12-21 answer in X Spaces with Cathie Wood (ARK Invest) (2023). Summary is ours; see the quotes below.

All 7 answers, oldest to newest

🎙 Interview · 2022-05 · Elon Musk | All-In Summit 2022 · asked by All-In hosts (live, All-In Summit) · watch at 28:53 · transcript ·
WeChat is a model: Twitter plus PayPal plus other functions in one app, which does not exist outside China.
"twitter plus paypal"
🎙 Interview · 2022-06 · Twitter All-Hands · asked by Twitter All-Hands moderator · watch at 35:09 · transcript ·
He said money is a form of information, and it would make sense to integrate payments into Twitter — fiat and crypto — so sending money is easy. News, entertainment and payments are three critical areas.
"it would make sense to integrate payments into twitter"
🎙 Interview · 2023-02 · World Government Summit · asked by World Government Summit interviewer · watch at 4:17 · transcript ·
The long-term vision is x.com as an everything app: payments, financial services, information flow, anything digital, and secure communications — as useful and entertaining as possible.
"kind of like a sort of like an everything app"
🎙 Interview · 2023-03 · Elon Musk Interview at the Morgan Stanley TMT Conference 2023 – March 7, 2023 · asked by Morgan Stanley TMT interviewer · watch at 44:23 · transcript ·
x.com should let people send money in one click, earn interest, and take on debt — possibly becoming the biggest financial institution in the world.
"biggest financial institution in the world"
🎙 Interview · 2023-12-21 · X Spaces with Cathie Wood (ARK Invest) (2023) · asked by Cathie Wood · watch at 24:07 · transcript ·
In December 2023 he expected approvals early in 2024 and said he would be surprised if X payments took longer than mid-2024 to roll out.
"I would be surprised if we aren't if it takes us longer than the middle of next year to roll out payments."
🎙 Interview · 2023-12-21 · X Spaces with Cathie Wood (ARK Invest) (2023) · asked by Cathie Wood · watch at 22:56 · transcript ·
In late 2023 he said X was waiting for final approvals of its money transmitter licenses.
"We're just waiting for the final approvals to come through for the money transmitter licenses."
𝕏 post · 2026-06-04 · @elonmusk on X · asked by @amuse · open post ·
Replying to someone who wanted to use X Money, he said they are gradually widening its availability.
"We are gradually widening the availability of X Money"

Last updated: 2026-06-04 (newest answer).

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