A senior Treasury Department official announced his resignation after being hounded by Elon Musk's DOGE allies.
Elon Musk just took another step toward turning X into a financial powerhouse. The platform is rolling out X Money, a digital wallet and peer-to-peer payment service backed by Visa ( NYSE:V ). This means X users can now move money between their bank accounts and X's ecosystemjust like Zelle or Venmo.
Reid Hoffman, co-founder of LinkedIn and member of the “PayPal Mafia,” has shared his verdict on Elon Musk’s “supernova burnout” personality on The Daily Beast Podcast. Having worked together at PayPal and OpenAI,
Perhaps the highest and best use of Elon Musk’s time and effort is not trying to reform the government. More entrepreneurship might help the world even more.
The richest man in the world is backing far-right parties against a political establishment that has failed to deliver.
Elon Musk has long aimed to transform X into a super app, similar to China’s WeChat, which combines messaging, streaming, and payments
Sources tell WIRED that the OPM’s top layers of management now include individuals linked to xAI, Neuralink, the Boring Company, and Palantir. One expert found the takeover reminiscent of Stalin.
While the insertion of former employees at Musk's Boring Company and xAI as advisers is alarming, nothing quite illustrated the point like the hiring of two former Musk associates who aren't yet old enough to rent a car.
X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.
The social media company said it would start a peer-to-peer payments service, moving to expand the app’s abilities.
Visa will be the first partner of the X Money account, under which customers can instantly fund their X wallet and connect their debit cards for peer-to-peer payments.