What is the new Elon Musk Crypto? Lately, I’ve met people who legitimately believe that Donald Trump is basically Jesus, and, at the time, Elon was one of his apostles, and they legitimately believed conservatives vs liberals was a holy war. Wow, America is certainly in a state of turmoil, huh?

Meanwhile, Elon Musk’s long-promised financial layer for X is finally taking shape. The company has begun recruiting a senior engineering lead to build a payments platform “from the ground up,” signaling that X Money is no longer theoretical but will soon serve more than 600M monthly users.

And what money will be used on X? Spoilers: it won’t be Bitcoin Bitcoin 0.15% Bitcoin Bitcoin BTC Price $63,538.42 0.15% /24h Volume in 24h $23.22B Price 7d Buy with Best Wallet .

While BTC is still one of Musk’s favorite coins, he didn’t mention any crypto by name. Instead, it appears Musk is constructing a proprietary payments engine designed to compete with, or even replace, legacy rails.

Regardless, crypto companies are vying to be Elon’s new favorite crypto; here’s what to know:

“This is your chance to shape how hundreds of millions access financial services.” – Solana Foundation to Elon via X

DISCOVER: 20+ Next Crypto to Explode in 2025

What’s The Elon Musk Crypto? X Money’s Buildout Raises Questions About Web3 Integration

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Solana wasn’t subtle about its interest in working with Musk. The ecosystem publicly amplified X’s hiring notice, which is notable given that Solana advisor Nikita Bier joined X as head of product earlier this year.

And while the job description contains no explicit blockchain language, its emphasis on greenfield architectures and distributed systems is exactly what you’d expect if X were planning to embed digital assets or stablecoin rails at the protocol level.

This comes after January’s announcement that X Money would launch with Visa as its first wallet partner. CNBC reported in early 2025 that a first-quarter rollout was planned, yet the company is only now hiring the engineer responsible for building its core.

Musk has also continued to drop cryptic hints. Asked last week about the future of money, he responded that traditional currency may eventually become “irrelevant.” His broader economic thesis: energy, not fiat, is the fundamental store of value.

 “Governments can print money, but you can’t print energy.” – Elon Musk

What’s Next For X Money? Liquidity Metrics Lean Toward a Major Payments Pivot

If X Money launches as a full super-app, the economics change instantly. A platform with hundreds of millions of users can bypass the fragmented US payments ecosystem, ostensibly integrating:

• Wallet balances
• P2P transfers
• Merchant payments
Digital asset rails
• Creator monetization
• Banking-adjacent financial tools

The question is not whether Musk builds this, but how much crypto adjacency he allows in version one. If we were Polymarket betting men, which we are, we’d say at least some. Bullish.

EXPLORE: Seeking a Career Change? Become a Bitcoin Bounty Hunter in Fordow, Iran

Key Takeaways

  • Elon Musk’s long-promised financial layer for X is finally taking shape.
  • The question is not whether Musk builds this, but how much crypto adjacency he allows in version one.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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