Elon Musk: X Money Beta Launch Within 2 Months

Elon Musk announced at xAI's All Hands presentation that the X Money payment system will be launched as a limited beta within the next two months and then offered worldwide to X users. X Money is part of Musk's "everything app" vision, aiming to be the center of all money transactions, and is currently in closed beta phase within the company. Musk described it as a "game changer".

Elon Musk says X Money is coming soon. Source: xAI

X Money Beta Launch Timing and Details

The X platform aims to offer social network, messaging, content, and financial services in one place like WeChat. X has 1 billion installed users and an average of 600 million monthly users. Musk has been promoting payments since acquiring Twitter in 2022; in his early career, he founded X.com and led the formation of PayPal linked to DOGE detailed analysis. There is a fiat-focused partnership with Visa, crypto integration is uncertain but Musk's interest in Dogecoin (DOGE) is known. According to Blockchain Council, crypto support is planned for the future.

xAI Data Center Expansion in Memphis

Musk also stated that xAI has expanded its Macroharder data center in Memphis with 220 thousand GPUs. This move will accelerate the training of AI models and strengthen AI features integrated into the X ecosystem.

XAI Token Price and Technical Analysis

xAI news keeps the XAI detailed analysis token in the spotlight. Current price: $0.01 (+4.01% 24h). RSI 34.05 (oversold signal), overall trend is downward and Supertrend is bearish. EMA 20: $0.0119. Supports: S1 $0.0088 (strong, 75% score), S2 $0.0102 (60% score). Resistances: R1 $0.0104 (69% score), R2 $0.0249 (medium). Investors can take positions with XAI futures, but the downtrend requires caution.

X Money's Crypto Potential

Integration of X Money with tokens like DOGE and XAI could complete Musk's vision. Although it starts with fiat, it creates opportunities for the crypto ecosystem.