Elon Musk’s X launches invite-only X Money with Visa debit card

Elon Musk’s social media company X has launched X Money, an invite-only financial service that allows users to transfer money in real time and comes with an X-branded Visa debit card.

The service is currently available to paying X members by invitation, the company said. The debit card can be used at ATMs.

X Money is not a bank and relies on technology and banking services provided by Cross River Bank.

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