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Elon Musk's 'Bank' Will Pay A Risk-Free 6% Yield On Your Cash

Elon Musk's 'Bank' Will Pay A Risk-Free 6% Yield On Your Cash

investors.com 19.08.2026 14:00 10 views

Tired of bonds falling or tying your cash up in "high yield" savings accounts paying just 3.4%? The bank of Elon Musk's X is pitching an alternative — with a catch. X Money, the financial section launched in July of Musk's "super-app" tied to the social media platform, is offering to pay 6% annual yields on some cash deposits.

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