Musk Vies to Turn X Into Super App With Banking Tool Near Launch

More than three years after acquiring Twitter, Elon Musk says he’s nearing his long-stated goal of turning it into an “everything app” with a new financial services tool that he pledged to launch for the public this month.

X Money, a banking and payments platform built inside the social network now known as X, is expected to make its early public access debut imminently, based on the timeframe offered by Musk last month. Early users testing the service have touted competitive perks, including 3% cash back on eligible purchases and a 6% interest rate on cash savings — the latter of which is roughly 15 times the national average.