X is preparing to launch X Money as part of its plan to become an “everything app,” combining social networking, payments, and personal financial management. In an internal meeting, Elon Musk stated that X Money is currently undergoing internal testing and is expected to open a limited beta to users within the next one to two months. This service has been Money Transfer License in over 40 US states and has partnered with Visa. Elon Musk wants to turn X into a large financial platform similar to WeChat, aiming to reach 1 billion users. There is currently much speculation that Dogecoin might be integrated, based on Elon's previous statements about Doge being usable for small payments. However, no official plans have been announced yet. People like Elon Musk and MrBeast want to build financial apps because controlling payments and cash flow offers far greater power and profitability than simply controlling content. A financial app allows them to monetize transaction fees, keep users within their ecosystem, collect valuable spending data, and build an “everything app” where users can chat, shop, pay, and invest all on one platform. This also helps them reduce their dependence on banks and other platforms, transforming them from creators or platform owners into long-term financial infrastructure providers.