PayPal

Company PYPL

Last mentioned: 3d ago

Timeline

  1. Beta Launch

    XMoney officially opens to select beta testers in the United States.

  2. Musk Confirmation

    Elon Musk confirms the platform is intended to be 'where all the money is.'

  3. Shatner Tease

    William Shatner promotes XMoney beta invites for a $1,000 charity donation.

  4. Visa Partnership

    Linda Yaccarino announces strategic partnership with Visa for digital payments.

Stories mentioning PayPal 2

Launches Bullish

Elon Musk’s X Money Launch Challenges PayPal with 6% Yield

Elon Musk announced the April 2026 launch of X Money, a financial super-app integration within X that offers peer-to-peer payments, debit cards, and a market-leading 6% APY. By leveraging Visa Direct and Cross River Bank, X aims to convert its 600 million users into active financial consumers, directly threatening incumbents like PayPal and Cash App.

3 sources