Elon Musk Launches X Money for US Premium Subscribers with Up to 6% Interest

X Money debuts for US Premium users, offering up to 6% interest. Musk hints at money's irrelevance by 2036 amid AI growth, while Tesla and SpaceX hold ~$2B in Bitcoin.

Woofun AI reports that Elon Musk has introduced X Money, a financial feature aimed at evolving X into an "everything app." The service is currently available to US Premium and Premium+ subscribers, providing yields of up to 6% on balances.

Musk recently suggested that money could become "irrelevant" by 2036 as AI and robots produce goods beyond human consumption capacity. He previously identified energy as the "true currency," noting Bitcoin's basis in energy. Tesla and SpaceX hold 18,712 bitcoins and 11,509 bitcoins respectively, valued at nearly $2 billion at current prices. It remains unconfirmed if X Money will support Bitcoin or other cryptocurrencies.