The information was released based on a filing in a California court on April 4, 2023 in a lawsuit against Jack Dorsey, founder and former CEO of activist Laura Loomer's company.
Elon Musk reportedly opened a "triple Delaware corporation, with a variant called X Holdings, when he first offered to buy Twitter last year." Twitter has since been dissolved after merging with X Corp.
Elon Musk just merged Twitter and his company X Corp together.
This merger is not being announced and will have no immediate impact on apps or services.
On April 10, Elon Musk had someone paint over the letter "w" on the Twitter sign at the San Francisco headquarters, changing the company's name to "Titter." This move shows that the South African billionaire is ready to do the next "crazy" thing in managing the social network.
He also wants X to be similar to China’s WeChat, which can be used for everything from payments to event bookings to messaging. But the suitability of the super app for Musk’s business ecosystem, which includes electric carmaker Tesla and space company SpaceX, remains a question mark.
The billionaire is also the owner of the domain name “X.com,” the name of the online payment company he founded before merging into PayPal.
Since acquiring Twitter, the app has continued to function as a social media platform. The platform has a blue bird logo.
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