Elon Musk’s X Money Rolls Out to Premium+ Users With Up to $10 Million in FDIC Insurance
Key Takeaways X Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit. The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000. A full public rollout is targeted for mid-2026, even as Senator…