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Independent aggregation • v2.4.8 • 2026-07-25

ELON MUSK LAUNCHES INVITE-ONLY X MONEY WHERE USERS CAN SEND CASH TO ONE ANOTHER

1 min read • 1 hr ago • News - South China Morning Post • [src]
SOURCE SPECTRUM: South China Morning Post Unrated
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WHAT HAPPENED

Elon Musk’s social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another. The service, known as X Money, is not a new bank.

News - South China Morning Post reports that elon Musk’s social media company X, formerly known as Twitter, launched its own bank account-like product where users can send money to one another.

The report adds: The service, known as X Money, is not a new bank.

X Money is using technology and banking services provided by Cross River Bank and branding that backbone as X Money.

This report is covered across the current DAMMNEWS feeds. Economic headlines can describe an immediate market move or a longer-term change. Readers should separate the reported number from forecasts, commentary and what happens next.

This is a developing report. DAMMNEWS will surface related coverage as closely matched reporting enters the live cache.

DAMMNEWS RSS BRIEFING — generated locally from the available News - South China Morning Post headline and RSS excerpt. It is not a summary of the full source article.

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