With attack on Consumer Bureau, Musk removes obstacle to his 'X Money' vision


In January, Musk announced a partnership with Visa to build a peer-to-peer payment system called the X Money Account. — Bloomberg

Elon Musk, the world’s richest man, is widely known for amassing his fortune through Tesla, his electric car company, and SpaceX, the rocket ship company he founded.

But he started his career trying to disrupt consumer finance as a co-founder of a digital financial services company that later became PayPal. Now, he’s working to transform X.com, his social media platform, into a virtual wallet where people can send money to one another.

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