Users of X’s new payments feature wired small sums to Musk following its U.S. expansion, highlighting early adoption quirks.
Users of X’s newly expanded payments service sent small sums, including $25, directly to Elon Musk shortly after its June 25 U.S. rollout. The transfers, made without apparent purpose, followed months of delays for the platform formerly known as Twitter’s financial tool.
Musk’s net worth surpassed $1 trillion after SpaceX’s June 12, 2026 IPO, with Bloomberg estimating it at $1.23 trillion and Forbes near $1.2 trillion. His fortune stems from stakes in SpaceX (41%) and Tesla (20%). The payments feature revives Musk’s long-standing ambition to build a financial ecosystem, tracing back to his 1999 startup X.com.
The service’s launch drew immediate attention, with users testing its functionality by sending funds to the world’s richest individual. Musk acknowledged one such transfer with a brief reply.