Elon's Banking Gambit: A Shot Across the Bow of Traditional Finance Elon Musk's latest move in his quest for financial disruption has arrived with the limited rollout of X Money, a financial services platform integrated into his social media network turned everything app.
This development marks an escalation in Musk's ambitions to challenge traditional banking and finance.
X Money promises high yield deposit accounts, peer to peer payments, debit cards with personalized metal versions, and cashback rewards.