Billionaire and X Corp. owner Elon Musk has announced the coming launch of X Money, a new payments service built directly into the X ecosystem. Musk describes it as a key step in transforming the platform into a full-scale super app that combines communication, payments, media, and AI tools. According to Musk, X has just rolled out an entirely new communications infrastructure: “𝕏 just rolled out an entire new communications stack with encrypted messages, audio/video calls and file transfer.” He also invited developers to join the expanding team behind the project. Entrepreneur and commentator Mario Naufal added that X has launched its “biggest messaging update to date,” transitioning the platform to a unified system called XChat. This new inbox brings regular and fully encrypted chats together in a single interface: “No more disjointed menus. No more searching for an ‘encrypted’ tab. Everything is in one clear channel.” XChat, AI Integration, and Musk’s Growing Vision for the Platform XChat was first introduced in June 2025, offering features such as disappearing messages, group chats, and expanded file sharing. The system includes end-to-end encryption for messages, media, files, and audio/video calls—technology Musk refers to as “Bitcoin-style encryption.” Naufal expects additional enhancements soon, including multi-device syncing and deeper integration with upcoming super app components: In March, Musk transferred ownership of X to his AI company xAI, valuing the startup at $80 billion and X at $33 billion, including $12 billion in debt. By early October, Musk became the first person ever to reach a net worth of $500 billion, fueled by Tesla, SpaceX, and xAI. In late October, he launched Grokipedia, an open-source encyclopedia positioned as a transparent alternative to Wikipedia. While users may edit entries, the final editorial authority belongs to the Grok AI model. Musk describes the project’s mission as delivering “the whole truth and nothing but the truth.” As X Money approaches launch, these developments signal that Musk’s vision of a global super app is accelerating—combining communication, payments, and AI into one unified platform.
