The X Money payment system hit a roadblock in New York as state lawmakers urged regulators to deny the company a critical operating license. The payment system is Elon Musk’s bid to launch a person-to-person payment system on the X platform.

Two Manhattan Democrats, Assemblymember Micah Lasher and state Sen. Brad Hoylman-Sigal, sent a letter Monday to New York’s Department of Financial Services, opposing X Corp.’s application for a money-transmitter license.

“What we’re talking about is nothing less than Elon Musk becoming a permanent part of the country’s financial infrastructure — with access to enormous quantities of consumer data, including the data of New Yorkers,” Lasher said. “I think it would be grossly irresponsible and contrary to the law.”

The lawmakers argue that Musk’s “pattern of reckless conduct” in business and government, including his role in the Trump administration’s Department of Government Efficiency (DOGE), demonstrates a lack of “character and general fitness” required under state law for a money-transmitter license.

New York’s Department of Financial Services “thoroughly reviews all license applications and holds all applicants to identical, robust standards,” said spokesperson Ciara Marangas, declining to comment on X Corp.’s application. State law requires regulators to assess an applicant’s financial responsibility, experience, and trustworthiness.

Musk’s ties to President Donald Trump have intensified scrutiny in New York, with lawmakers like Lasher pushing to pause Tesla’s lease renegotiation for a Buffalo factory and state Sen. Patricia Fahy proposing legislation to close Tesla dealerships. X Corp.’s lobbyists did not respond to inquiries.

Musk aims to transform X into an “everything app” enabling financial transactions alongside media and communication. Once in operation, X Money would rival Venmo, Zelle, and Apple Pay. X Corp. announced a Visa partnership in January to support the system.

Musk noted that license approval for X Money in the District of Columbia, New York, and California would be the most onerous. X Money obtained California’s license in September 2024. As of this writing, X has already secured money-transmitter licenses in 42 states.

As X Money seeks to redefine digital payments, New York’s resistance could delay Musk’s vision. The outcome will shape X’s ability to integrate financial services and compete in the evolving fintech landscape.

Tesla Megapack batteries will power the xAI Colossus supercomputer in Memphis to ensure power stability. The collaboration between Tesla and xAI highlights the synergy among Elon Musk’s ventures.

The artificial intelligence startup has integrated Tesla Megapacks to manage outages and demand surges, bolstering the facility’s reliability. The Greater Memphis Chamber announced that Colossus, recently connected to a new 150-megawatt electric substation, is completing its first construction phase. This transition addresses criticism from environmental justice groups over the initial use of natural gas turbines.

“The temporary natural gas turbines that were being used to power the Phase I GPUs prior to grid connection are now being demobilized and will be removed from the site over the next two months.

“About half of the operating turbines will remain operating to power Phase II GPUs of xAI until a second substation (#22) already in construction is completed and connected to the electric grid, which is planned for the Fall of 2025, at which time the remaining turbines will be relegated to a backup power role,” the Chamber stated.

xAI’s rapid development of Colossus reflects its ambition to advance AI capabilities, but the project has faced scrutiny for environmental impacts. The shift to Megapacks and grid power aims to mitigate these concerns while ensuring operational continuity.

The Megapack deployment underscores the collaboration among Musk’s companies, including Tesla, SpaceX, Neuralink, and The Boring Company. Tesla appears to be the common link between all of Musk’s companies. For example, The Boring Company built a tunnel in Giga, Texas. In addition, Musk has hinted at a potential collaboration between the Tesla Optimus Bot and Neuralink. And from January 2024 to February 2025, xAI invested $230 million in Megapacks, per a Tesla filing.

Tesla Energy reported a 156% year-over-year increase in Q1 2025, deploying 10.4 GWh of storage products, including Megapacks and Powerwalls. Tesla’s plans for a new Megapack factory in Waller County, Texas, which is expected to create 1,500 jobs in the area, further signal its commitment to scaling energy solutions.

As xAI leverages Tesla’s Megapacks to power Colossus, the integration showcases Musk’s interconnected business ecosystem. The supercomputer’s enhanced stability positions xAI to drive AI innovation, while Tesla’s energy solutions gain prominence, setting the stage for broader technological and economic impacts.

SpaceX’s Starlink Router Mini recently launched to enhance home Wi-Fi connectivity by addressing dead zones at home, offering a budget-friendly option for customers. The Starlink Router Mini is a $40 mesh-compatible device.

The Router Mini targets users seeking affordable solutions to extend coverage in smaller spaces. SpaceX describes the new Starlink router as a lower-performance device suited for “basic Wi-Fi needs” in compact setups.

“It works well in most basic residential setups and is a good option for extending coverage. However, in homes where rooms have multiple barriers between them (mirrors, multiple walls, brick or stone walls), you may notice a drop in performance unless you use wired connections,” the company noted.

In contrast, the Gen 3 router, now priced at $120 after dropping from $199, delivers stronger performance for larger homes with multiple devices. The Router Mini complements the Gen 3 router, which comes bundled with the standard Starlink dish and supports mesh networking.

“If you need simple, reliable Wi-Fi and want to keep costs down, the Router Mini is a solid option. But if you’re looking for stronger, more consistent performance across a larger or busier home, the Gen 3 Router is the way to go,” SpaceX explained.

Both routers support Wi-Fi 6 speeds and can operate in wired or wireless mesh modes, though the dual-band Starlink Router Mini has fewer antennas (“2×2 2.4 GHz, 2×3 5 GHz MU-MIMO”) compared to the tri-band Gen 3’s four-plus antenna setup.

The Router Mini’s debut follows its appearance in an FCC filing and a Starlink app update referencing a “mini mesh” device. It also connects to the Starlink Mini dish, boosting its limited Wi-Fi range. The device’s affordability and mesh compatibility make it an attractive option for customers looking to optimize their Starlink setup without investing in additional Gen 3 routers.

As Starlink continues to expand its global broadband network, the Router Mini addresses growing demand for flexible, cost-effective home connectivity solutions. By offering a cheaper mesh device, SpaceX strengthens its ecosystem, catering to diverse user needs while maintaining its lead in satellite internet innovation.