Elon Musk launches X Money, targeting US Premium and Premium+ subscribers

Odaily Planet Daily News: Elon Musk launches X Money as a financial feature to transform X into an "everything app." X Money is rolling out to US Premium and Premium+ subscribers, offering users up to 6% interest. Musk recently stated that as the goods and services provided by robots and AI surpass what humans can consume, money will "no longer be important" by 2036. He previously referred to energy as the "real currency" and stated that Bitcoin is based on energy.

SpaceX and Tesla hold 18,712 Bitcoin and 11,509 Bitcoin respectively. Based on a Bitcoin price of approximately $65,000, the combined value is nearly $2 billion. Musk has not yet confirmed whether X Money will include Bitcoin or cryptocurrency functionality.