• News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
‘X Money’ leak reveals Elon Musk’s push for crypto-powered app as Bitcoin lingers around  $100,000 Price

Home> News> Tech News

Published 11:29 6 Jan 2025 GMT

‘X Money’ leak reveals Elon Musk’s push for crypto-powered app as Bitcoin lingers around $100,000 Price

All signs point to a record-breaking year for Bitcoin

Tom Chapman

Tom Chapman

Not content with having Tesla, SpaceX, and X (still Twitter to some) under his belt, it looks like Elon Musk could be about to expand the X family even more in 2025.

No matter what you think about the world's richest man, his bank balance shows that he's got a knack for making a few dollars.

You only have to look at how Musk's wealth has soared from him first making Forbes' Billionaires List with just $2 billion in 2012. 2024 was a massive year for him, and as well as becoming the first person ever to be worth more than 40 billion, many believe Musk is on track to become the world's first trillionaire.

Bitcoin is currently holding around the $100,000 mark (Matt Cardy / Contributor / Getty)
Bitcoin is currently holding around the $100,000 mark (Matt Cardy / Contributor / Getty)

Advert

It's no secret that Mr. Musk is a fan of cryptocurrency, and this has only helped his bank balance in a post-election boom for the likes of Bitcoin. Dogecoin might be Musk's preferred crypto of choice (even heading up the Department of Government Efficiency that's seemingly named after it), but there's no escaping Bitcoin's power.

Multiple sources are now reporting that X payments are on the way, possibly sitting under the new banner of 'X Money'.

On January 2, Influencer Alex Finn wrote: "New X code has just shipped that reveals X Payments will launch without approval from all 50 states. Meaning X Payments could launch today."

Although that obviously didn't happen, Finn isn't alone in his musings. MacRumors' contributing researcher Aaron Perris added: "X Money might launch without needing approval from all 50 states."

Advert

X CEO Linda Yaccarino has promoted the idea, saying that payments will be integrated into X in 2025, hoping to turn the platform into an 'everything app' similar to Tencent's WeChat.

Since acquiring Twitter in 2022, Musk has done far more than just roll out his X rebrand. It's been noted that he's been quietly buying money transmitter licenses in the background, and although crypto hasn't been confirmed, Yaccarino telling people to 'buckle up' has sparked plenty of theories.


Remembering that Musk's Space X was recently linked to Tether's USDT stablecoin, Finn added: "X payments in one way or another will support cryptocurrency. Crypto will probably be a good amount of rails for [X] payments."

Advert

As Forbes noted, X supporting Bitcoin could lead to a spike similar to when PayPal adopted the currency in 2021. Various experts had already predicted a record-breaking Bitcoin leap to $250,000 in 2025, and if X Money is on the way, it could even exceed that. We've already crossed the $100,0000 milestone, and with prices seeming to hold steady around this mark, Bitcoin looks set to continue its upward trajectory.

While Musk has shied away from talking too much about Bitcoin and has previously warned of a 'financial emergency', the fact Tesla holds a beefy 10,000 Bitcoin (worth about $1 billion) is the biggest clue that he's not averse to a bit of mining himself.

Featured Image Credit: Steve Granitz / Contributor / Matt Cardy / Contributor / Getty
Elon Musk
Cryptocurrency
Bitcoin

Advert

Advert

Advert

Choose your content:

4 hours ago
5 hours ago
  • 4 hours ago

    Officials confirm plans to rebuild world's largest plane set to cost $3,000,000,000

    The aircraft was destroyed when Russia invaded Ukraine

    News
  • 5 hours ago

    Stunning 2019 Bitcoin graph shows how much money it would have made you compared to normal stocks and shares

    A $1,000 investment in Bitcoin made in 2019 has outperformed every major traditional asset

    News
  • 5 hours ago

    This $70,000,000,000 Trump move just propelled AI stocks to historic highs

    The AI sector just got its biggest boost yet from the Trump administration

    News
  • 5 hours ago

    Tesla slammed after launching 'dystopian' diner in the middle of Hollywood

    Elon Musk has described the diner as 'one of the coolest spots in LA'

    News
  • Tom Brady lost out on $105 million Bitcoin fortune after $30m crypto payment blunder
  • 50 Cent's Bitcoin fortune worth record amount after forgetting he had crypto stash
  • People who invested $1 in Bitcoin in 2013 would have stunning profit today as prices reach all-time high
  • Experts warn Elon Musk's America Party could trigger Bitcoin bombshell amid $37,000,000,000 'emergency'