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Elon Musk’s X will soon launch investment and trading features as part of ‘everything app’ vision

CryptoExpert by CryptoExpert
June 23, 2025
in Business
0
Elon Musk's X will soon launch investment and trading features as part of 'everything app' vision
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Key Takeaways

X will introduce investment and trading services as part of its financial services expansion.
X is planning a digital wallet and payment service called X Money in collaboration with Visa.

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X is set to roll out investment and trading features as Elon Musk advances plans to transform the platform into a full-fledged financial and social ecosystem, said X CEO Linda Yaccarino in a recent interview with the Financial Times. According to Yaccarino, the ambition is to house not only social networking but a full range of financial tools within a single app.

okex

“And that’s whether I can pay you for the pizza that we shared last night, or make an investment, or a trade. So that’s the future,” said the X CEO.

Last month, Elon Musk confirmed that X Money, a peer-to-peer digital wallet service, will launch soon in partnership with Visa. The feature will allow users to link debit cards to their digital wallets, with a tightly controlled initial rollout focused on safeguarding personal savings.

Speaking to the FT, Yaccarino said the service will debut in the US before expanding internationally, enabling users to store value, purchase merchandise, and tip creators directly on the platform. The company is also exploring the launch of an X-branded credit or debit card, which could arrive later this year.

“A whole commerce ecosystem and a financial ecosystem is going to emerge on the platform that does not exist today,” Yaccarino said.

Since Elon Musk’s $44 billion acquisition of the platform in 2022, X has grown into one of the most influential digital spaces for news, public discourse, and real-time updates. Throughout 2025, the platform has rolled out a series of upgrades that reflect Musk’s vision to make it a multi-functional ‘everything app.’

Earlier this month, X announced a strategic collaboration with Polymarket as its official prediction market partner. The move targets to enhance user predictions with AI-driven insights across various real-world events.

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