This information is based on court filings submitted to California on April 4, 2023, in the lawsuit against Jack Dorsey, the founder and former CEO of activist Laura Loomer's company.
Accordingly, Elon Musk opened "a trio of holding companies in Delaware, with one variant called X Holdings when he first offered to buy Twitter last year." Currently, Twitter has been dissolved after merging with X Corp.
Elon Musk has just merged Twitter and his company X Corp.
This merger was not announced and will not have any immediate impact on the application or service.
On April 10th, Elon Musk had the letter "w" painted over the Twitter sign at the San Francisco headquarters, changing the company's signage to "Titter." This move suggests the South African billionaire is ready to take the next "crazy" step in managing the social media platform.
Furthermore, he intends for the X app to be similar to China's WeChat, used for everything from payments and event bookings to messaging. However, the suitability of this super app for Musk's business ecosystem, which includes electric car manufacturer Tesla and space company SpaceX, remains questionable.
This billionaire also owns the domain name “X.com,” the name of the online payment company he founded before merging with 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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