X money plans to launch a physical card

Elon Musk’s social platform, X, is gearing up to expand its financial services with X Money, a digital wallet aimed at making payments, trading, and investing easier. Recent findings in the X app’s code suggest that a physical debit or credit card might soon be part of this service, potentially launching by the end of 2025. This move is a step toward Musk’s vision of turning X into an “everything app,” similar to WeChat, where users can handle messaging, shopping, and finances in one place.

The code hints at features like requesting a physical card to spend funds from the X Money wallet. This could make transactions more convenient for users, combining the app’s digital tools with a tangible payment option. X has already partnered with Visa to support secure and instant funding through Visa Direct, allowing peer-to-peer payments and connections to debit cards. The platform has also secured money transmitter licenses in over 40 U.S. states, showing its commitment to building a robust financial system.

With over 1 billion users as of December 2024, though only about 40% are active, X has a large audience to introduce X Money to. The service may also include tipping creators and possibly cryptocurrency features, aligning with Musk’s goal to rival traditional banking. As X continues to grow its offerings, the addition of a physical card could make it a one-stop solution for users’ financial needs, blending online and offline convenience.