Musk's Money Grab: The X Factor in the US Market The arrival of X Money in the US market marks another step in Elon Musk's ambitious plan to make X the go to "everything app.
" With its digital wallet, peer to peer payments, and metal Visa card, X Money appears to be a direct competitor to Venmo. However, this raises questions about what this means for the already crowded fintech landscape.
The Rise of the Everything App Tech giants such as Facebook, Google, and Apple have attempted to enter the financial services market with varying degrees of success.