Musk: Launching X Money financial feature, mentioning SpaceX and Tesla's Bitcoin holdings
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Musk launches X Money financial feature, offering up to 6% interest rates to Premium and Premium+subscribers in the United States. Musk stated that currency will no longer be important in 2036 and called energy the true currency. SpaceX holds 18712 bitcoins, while Tesla holds 11509 bitcoins, with a total value of nearly $2 billion calculated at a price of approximately $65000. Musk has not yet confirmed whether X Money includes Bitcoin or cryptocurrency functionality.