After EVs, rockets, and social media, the world’s richest man Elon Musk is now eyeing your wallet

Elon Musk is venturing into finance by integrating investment and trading features into X, aiming to create a comprehensive financial ecosystem akin to WeChat. This initiative, dubbed X Money, will include digital wallets, peer-to-peer payments, and branded credit/debit cards, starting in the U.S. Visa has partnered with X for payments, but regulatory hurdles and rebuilding advertising revenue remain challenges.