Elon Musk has introduced X Money, a new financial service integrated within the X platform (formerly Twitter). Currently in its early stages, X Money offers users a 6% yield on funds and a 3% cashback reward. However, access to this service is currently limited and operates on an invitation-only basis. Eligibility is restricted to subscribers with paid memberships on the X platform. This launch signals Musk's ambitions to expand X's functionality beyond social networking into the financial technology sector. The limited initial rollout allows for controlled testing and refinement before wider availability. Details on long-term plans for X Money remain scarce, but the offering is a notable step in diversifying X’s revenue streams.