Chamath Palihapitiya Says Elon Musk's 'X Money' Could Turn Social Profiles Into 'Crucial Financial Asset' [Yahoo! Finance]
Visa Inc. (V)
Last visa inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
Silicon Valley investor Chamath Palihapitiya is signaling a massive shift in the global financial landscape, claiming that the integration of “X Money” will transform the social platform into a dominant financial system. The End Of Traditional Banking? The commentary follows a detailed analysis from Teslaconomics , which outlined Elon Musk 's progress in turning X into a “one-stop” financial hub. According to the report, X has already secured money transmitter licenses in over 40 states, partnered with Visa Inc. , and is currently running an internal beta of a wallet designed for peer-to-peer payments and high-yield savings. Responding to these developments, Palihapitiya noted that the true value lies in the platform's social graph. “If even 10% of this is true,” Palihapitiya stated, “your identity on X becomes a crucial financial asset.” Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Designed for investors
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News
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V
Earnings
- 1/29/26 - Beat
V
Sec Filings
- 3/12/26 - Form 4
- 3/11/26 - Form 144
- 3/5/26 - Form S-4
- V's page on the SEC website