MarketWise: X Money launches to challenge Venmo and PayPal, draws interest from SpaceX investors

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Ivan Andriyenko

30.06.2026

MarketWise: X Money launches to challenge Venmo and PayPal, draws interest from SpaceX investors — X Money launches under Musk

X Money has officially launched, positioning itself as a potential disruptor in the digital payments landscape.

Unlike traditional services such as Venmo or PayPal, X Money is closely tied to Elon Musk and is expected to offer unique features that could influence SpaceX $SPCX investors. Details on the platform's differentiating factors and long-term impact for both users and associated entities are expected to be revealed in the coming weeks.

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The launch comes as major tech and AI companies pursue new ventures and market milestones. MarketWise recently reported that OpenAI is considering an IPO as AI firms target a 2026 public market debut. In a separate update, the outlet highlighted that AVGO lost $300 billion in market value despite posting record revenue and profit. These developments show ongoing shifts in technology and financial performance among leading firms.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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