X, Owned by Musk, to Launch Cryptocurrency and Stock Trading Feature in Weeks

BlockBeats News, February 15th, Elon Musk's social platform X is planning to launch stock and cryptocurrency trading functionality in the coming weeks. The platform's Product Lead, Nikita Bier, stated that the platform will introduce "Smart Cashtags," allowing users to click on stock or token tickers in posts and complete transactions directly within the app.

At the same time, X's in-house payment system, "X Money," is gearing up to start external Beta testing in 1–2 months. Musk mentioned that the system has been running in an internal testing phase and will gradually open to some users in the future.

This move is seen as a significant step towards Musk's vision of an "Everything App," aiming to integrate social, payment, investment, and other functions into a single platform, allowing users to complete their daily digital activities without leaving the app.

In the crypto space, Musk's companies have previously made moves. Tesla currently holds about 11,509 bitcoins; SpaceX holds about 8,285 bitcoins. Musk himself has also publicly supported Dogecoin on multiple occasions and hinted at the possibility of sending DOGE "to the moon."