Elon Musk grilled by senator over X Money plans
Elon Musk's X Money payments platform is facing scrutiny from Sen. Elizabeth Warren over potential risks to consumers and financial stability. Musk plans to launch X Money in early April. The platform may allow users to fund transactions using debit cards and Visa's Direct service. Concerns have been raised about Musk's track record with X. Engineers should be aware of the potential risks and regulatory implications.