X Money Rumors Spark Amid Software Code Leak

According to Cointelegraph, a recent leak of software code related to Elon Musk's X platform has fueled speculation about the imminent launch of 'X Money,' a payment system under development. X has been actively pursuing money transmitting licenses across the United States for X Payments LLC, having secured approvals in 39 states so far. A screenshot allegedly showing the latest code includes a line stating, 'X Money is not available in your state,' leading some observers, such as American entrepreneur Alex Finn, to believe that the service might launch in the U.S. even without approval from all 50 states. X Money is expected to enable users to tip content creators on the platform, with speculation that cryptocurrencies could play a role, given Musk's previous openness to Bitcoin (BTC) and Dogecoin (DOGE) payments in his other ventures. Finn, speaking in a self-hosted X Spaces session, suggested that X payments would likely support cryptocurrency, describing it as the fastest way to transfer currency. He noted that 'crypto will probably be a good amount of rails for [X] payments.' Meanwhile, X CEO Linda Yaccarino confirmed in a December 31 post that the social media platform plans to launch X Money in 2025. However, X has not verified the authenticity of the source code leaked by MacRumors contributing researcher Aaron Perris, nor has it confirmed whether an X Money launch is imminent. If the rumors hold true, X Money would initially roll out in the 39 states where X has obtained a money transmitter license. The payment feature would not be immediately available in Alaska, Delaware, Hawaii, Indiana, Massachusetts, Minnesota, Montana, New York, Vermont, Washington, and Wisconsin, according to Finn. In related developments, Musk's electric car company Tesla supports DOGE for merchant purchases and holds $1.1 billion worth of Bitcoin (BTC), as reported by Arkham Intelligence data.