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Developing Update · Europe — Politics: live coverage

Elon Musk's X Launches Banking Service for Paid US Subscribers

Social media platform X has introduced its X Money banking service to US subscribers on paid tiers as part of an everything app push.

By 28 Jul 2026 · 05:00 CET Updated 28 Jul 2026 · 05:00 CET

AI disclosure: Summarised from a single named source by an AI model with editorial rules; links to the original report.

According to Euronews, Elon Musk's social media app X began offering its X Money banking service on Monday to all United States subscribers of its paid Premium and Premium+ tiers.

The move forms part of the billionaire's broader ambition to transform the social media site into an everything app, Euronews reported.

Source: Euronews. Read the original report ↗

Source ledger

  • This brief is based on reporting by Euronews.
    supports: Euronews