# Elon Musk’s X Money app is rolling out in the U.S.

- URL: https://talkfuse.com/story/elon-musks-x-money-app-is-rolling-out-in-the-u-s/
- Published: 2026-07-28T14:57:12+00:00
- Updated: 2026-07-28T15:04:30+00:00
- Original publisher: TechCrunch
- Original article: https://techcrunch.com/2026/07/28/elon-musks-x-money-app-is-rolling-out-in-the-u-s/
- Topics: Software, Technology

## Key points

- X Money debit card app launches for US Premium and Premium+ subscribers
- Offers fee-free transfers, 6% APY, and up to 3% cash back
- Fulfils Musk's long-held "everything app" ambition dating back to 1999's X.com

## Summary

Elon Musk's X is rolling out its X Money app to paid subscribers in the United States, marking a step towards his long-stated ambition of turning the platform into an "everything app". The app gives Premium and Premium+ subscribers a digital and physical X Visa debit card, allowing instant, fee-free peer-to-peer transfers within the app, no foreign transaction fees, and free cash withdrawals from ATMs worldwide.

Premium+ subscribers, who pay $40 a month or $395 a year, automatically qualify for 6% APY on their balance, while Premium subscribers, at $8 a month or $84 a year, can access the same rate by linking a direct deposit. X Money also offers up to 3% cash back on certain purchases and early access to direct-deposited pay. The launch fulfils a decades-old goal for Musk, who founded X.com as a financial services venture in 1999 before it merged into PayPal; he revived the name after buying Twitter in 2022.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.