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Elon Musk announces X Money feature to send $1 via long-press Like
Elon Musk has announced a new feature for the X platform that allows users to send $1 to another user by long-pressing the ‘Like’ button on a post. The transaction will be processed through X Money, a digital payment service currently being rolled out to selected users in the United States.
The proposed functionality is intended to simplify micropayments, making it easier for users to tip content creators or support posts without leaving the social media feed. This move aligns with Musk’s broader strategy to transform X into an ‘everything app’ that integrates social networking, messaging, and comprehensive financial services.
X Money currently offers peer-to-peer transfers, deposit accounts, and an X-branded Visa debit card, with banking infrastructure provided by Cross River Bank. While the service has expanded its reach to various user tiers in the U.S., specific details regarding the rollout timeline, eligibility requirements, and international availability for the new tipping feature have not yet been disclosed. The service currently does not support cryptocurrency or stablecoin transactions.