William Shatner Previews X Money Features As Elon Musk's Super App Vision Accelerates

Actor William Shatner has shared updates on the X Money payments service's beta rollout as Elon Musk's "everything app" goal takes shape. Shatner had previously announced his involvement with the program via social media as a means to raise money for his charity.

Cashbacks, Interest And Metal Debit Card

In a series of posts on the social media platform X on Tuesday, the “Star Trek” actor shared details on the beta rollout, which will offer a 6% APY (annual percentage yield) on the account. Shatner also said that X will offer a "$25 welcome gift" to users in the rollout.

Sharing screenshots of the service's user interface (UI), Shatner touted features offered by X Money. "Here's a few more screenshots. There's a debit card with cash back too!" he said in the post.

X Money will also offer a metal debit card to users, which can be personalized with the users' official X handle on it. The service has shared that the debit card would enable zero foreign transaction fees.

X Chat Rollout

Meanwhile, X designer Michael Boswell touted that the social media platform's standalone Chat app, X Chat, will also be rolling out its beta version of its app on Apple Inc.'s (NASDAQ:AAPL) TestFlight platform.

"For the past few months, we've been quietly building a standalone X Chat app for iOS. Today we're opening it to the first 1,000 users on TestFlight," Boswell said in his post. 

X Chat is akin to Meta Platforms Inc.'s (NASDAQ:META) standalone Messenger app. Musk has touted the platform as an alternative to WhatsApp, which, according to the billionaire, is "not secure."

Super App Goals

The rollouts come as Musk's vision of offering X as a super app, which combines social media with payments and other capabilities, takes shape. The app could serve as an alternative to Tencent Holdings Ltd's (OTC:TCEHY) WeChat in China, which combines payments, social media, e-commerce and more.

Last year, the company partnered with Visa Inc. (NYSE:V), with CEO Ryan McInerney touting the partnership, which would enable "600 million or so active monthly users of X to fund their X Money accounts." The app has also been positioned to offer in-app stock trading by CEO Linda Yaccarino last year.

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