Elon Musk, the owner of X, expects to launch payment services as early as the middle of 2024.
Elon Musk’s “everything app” X (formerly Twitter) is expected to launch in-app payment services on its social media platform around mid-2024, though crypto integration now seems remote.
Speaking to ARK Invest’s Cathie Wood in a Dec. 21 X space, Musk said he expects payment services to be fully launched sometime by the “middle of next year,” pending the approval of several money transmitter license applications.
Musk said he hoped to have launched payments on the social media platform sooner but had been weighed down by bureaucratic processes.
