Elon Musk grilled by senator over X Money plans

Elon Musk is facing intense scrutiny from Senator Elizabeth Warren over his upcoming payments platform, X Money. The senator has expressed concerns that the platform could pose a risk to consumers, national security, and the stability of the financial system, citing Musk's track record with X. Musk has announced that X Money will launch in early public access in April, but he has not shared many details about the platform. Former X CEO Linda Yaccarino may have some insight into the platform's development, but for now, the details remain scarce. As the launch date approaches, Musk will likely face continued pressure from lawmakers and regulators to ensure that X Money is safe and secure for users. The senator's letter to Musk highlights the potential risks associated with X Money, including the possibility of fraud and other illicit activities. Musk will need to address these concerns in order to gain the trust of users and regulators. The launch of X Money could have significant implications for the financial industry, and it will be important to monitor its development and impact. The senator's concerns about X Money are not unfounded, given Musk's history with X, and it will be important to see how he responds to these concerns in the coming weeks and months.