Elon Musk finally launches X Money. What could possibly go wrong?

X has launched X Money in the US for some Premium and Premium+ users after long delays.

The service offers payments, deposits, cashback rewards, and a high-yield feature, but access is still limited.

X Money is not yet available in major markets like New York and Massachusetts due to licensing gaps.

Early rollout concerns include restricted eligibility, account-access issues, and weak customer support.

The launch is a key step in Elon Musk’s plan to turn X into an all-in-one payments and banking hub.