Twitter Inc. no longer exists, now X Corp.

Posted:
in General Discussion edited April 2023
Elon Musk-owned X Corp. has absorbed Twitter Inc. as the first step to becoming an "everything app" similar to China's WeChat.

Twitter Inc. is now X Corp.
Twitter Inc. is now X Corp.


Twitter's slow transformation from micro-blog to everything platform has seemingly begun. A series of corporate ownership moves has made Twitter Inc. cease to exist, at least in name.

According to information obtained by Slate, X Corp. merged with Twitter Inc. on April 4. This information was revealed within court documents from an ongoing court case between Twitter and Laura Loomer.

The court case in question isn't particularly important, it's a case where Loomer is suing Twitter for violating federal racketeering laws when her account was banned in 2019. What is interesting are court filings that were shared publicly.

The filing reads: "Twitter, Inc. has been merged into X Corp. and no longer exists."

This merger hasn't been announced and likely won't have any immediate effect on the app or service, but it is a first step from Elon Musk. He previously said that Twitter would become the "everything app" called X and could rival other platforms like China's WeChat.

Nothing suggests that X Corp. will actually lead to the X app. The reporting also suggests this could be a move to have a larger parent company named X as the controlling interest over all of Musk's properties like Tesla and Space X.

Interestingly, this also means that the entity that is Twitter under X Corp. is now based in Nevada instead of Delaware. However, all of the debt and lawsuits Musk and Twitter faced before will be carried to the new X Corp.

And, Musk was the original owner of the "X.com" domain. He once used it for a payment service that was rolled into Paypal back around the turn of the century.

He re-bought the domain in 2017, for an undisclosed sum.

Twitter is still functional as a social media platform. It continues to spark controversy with who it allows, who it bans, and what content is allowed.

Many users, especially in the tech community, have sought refuge from this upheaval on various platforms or by quitting social media altogether. AppleInsider continues to operate on Twitter but can be found on Facebook, Instagram, and Mastodon.

Read on AppleInsider
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Comments

  • Reply 1 of 23
    iqatedoiqatedo Posts: 1,823member
    X marks the spot... or perhaps not. Musk is a long-term thinker and operator. By the time X is the place for everything for everyone, Twitter will be barely a memory. AGI though might intervene even in his planning for good or not. Interesting times indeed (daily lol).
    byronl9secondkox2watto_cobra
  • Reply 2 of 23
    drdaviddrdavid Posts: 90member
    By the time X is the place for everything for everyone”

    lol. When is that anticipated? Because that’s the opposite of how it’s currently being run. 
    ronnnapoleon_phoneapartbaconstangwilliamlondontyler82twokatmewwatto_cobra
  • Reply 3 of 23
    They should start using a drawing of a dead bird for their logo.
    napoleon_phoneapartronnblastdoorlordjohnwhorfinwilliamlondon9secondkox2tyler82twokatmewwatto_cobra
  • Reply 4 of 23
    ToortogToortog Posts: 56member
    EM has been watching Terminator Genisys.    He should know he'll lose in the end. 
    9secondkox2watto_cobra
  • Reply 5 of 23
    mattinozmattinoz Posts: 2,319member
    drdavid said:
    “By the time X is the place for everything for everyone”

    lol. When is that anticipated? Because that’s the opposite of how it’s currently being run. 
    Everyone who signs up for Musk's Martian Dictatorship at least.
    Anilu_777jose8964drdavid9secondkox2tyler82watto_cobra
  • Reply 6 of 23
    larryalarrya Posts: 606member
    I assume this is a way to manage debt.  Use another entity to prop it up so his personal balance sheet gets healthier. 
    ronntwokatmewwatto_cobra
  • Reply 7 of 23
    baconstangbaconstang Posts: 1,107member
    Everything in one place?
    That makes it so much easier to avoid!
    ronndewmelordjohnwhorfinwilliamlondon9secondkox2tyler82twokatmewmattinozwatto_cobra
  • Reply 8 of 23
    "Nothing suggests that X Corp. will actually lead to the X app"

    Nothing. 

    Except Elon Musk publicly stating that Twitter will become X, the everything app. Over and over again. 


    docno42williamlondon9secondkox2Japheywatto_cobra
  • Reply 9 of 23
    Because everyone will trust him and his company.  Like Twitter Circle tweets never being seen by anyone else, or Tesla video recordings never being viewed and discussed and ridiculed by Tesla employees. 
    ronnwilliamlondon9secondkox2baconstangwatto_cobra
  • Reply 10 of 23
    The name reminds me of E Corp. in Mr. Robot
    9secondkox2watto_cobra
  • Reply 11 of 23
    chutzpahchutzpah Posts: 392member
    "Nothing suggests that X Corp. will actually lead to the X app"

    Nothing. 

    Except Elon Musk publicly stating that Twitter will become X, the everything app. Over and over again. 


    Elon Musk publicly states a lot of things.  Someone should do an infographic of how often they're true; I doubt it will be complimentary.
    ronnlordjohnwhorfinwilliamlondondrdavid9secondkox2twokatmewwatto_cobra
  • Reply 12 of 23
    blastdoorblastdoor Posts: 3,292member
    Twitter has managed to hold on to a lot of users thanks to inertia, network effects, and no well financed and determined competition. 

    But the mask is off of Elon and there are now 10s of millions (at least) of people who will avoid anything associated with him if they possibly can. That’s going to make it hard for new ventures to succeed. So I predict failure for the “X app” idea if it’s in any way associated with Musk 
    ronnwilliamlondondrdavid9secondkox2twokatmewwatto_cobra
  • Reply 13 of 23
    AlodarAlodar Posts: 1member
    Is this the first steps to making Twitter the New Religion?  How many are ready to carry their "X"  (cross)?
    watto_cobra
  • Reply 14 of 23
    docno42docno42 Posts: 3,755member
    blastdoor said:
    But the mask is off of Elon and there are now 10s of millions (at least) of people who will avoid anything associated with him
    lol
    9secondkox2Japheytmaywatto_cobra
  • Reply 15 of 23
    welshdogwelshdog Posts: 1,897member
    AppleInsider said:
    can be found on Facebook, Instagram, and Mastodon.

    Don't forget about Spoutible!
    ronntwokatmew
  • Reply 16 of 23
    Wesley HilliardWesley Hilliard Posts: 190member, administrator, moderator, editor
    "Nothing suggests that X Corp. will actually lead to the X app"

    Nothing. 

    Except Elon Musk publicly stating that Twitter will become X, the everything app. Over and over again. 


    Elon Musk is not a reliable source of information, or really, anything.
    williamlondondewme9secondkox2drdavidtwokatmewbaconstangtmaywatto_cobra
  • Reply 17 of 23
    Wesley HilliardWesley Hilliard Posts: 190member, administrator, moderator, editor
    welshdog said:
    AppleInsider said:
    can be found on Facebook, Instagram, and Mastodon.

    Don't forget about Spoutible!
    I keep seeing (probably you) sharing this. I’ve never heard of the platform. 
    watto_cobra
  • Reply 18 of 23
    9secondkox29secondkox2 Posts: 2,717member
    This is awesome. I suggested that Twitter ramp up long and short form video and add an industry leading livestream component with a partner I won’t name. This has the potential to disrupt entrenched giants such as youtube, Facebook, Vimeo, and others. Absolutely huge. Can’t wait to see the fruit of this. 

    Twitter is has already cleared out the gunk that was there from the old inept leadership. Now to strengthen the foundation and build out. 
    williamlondon
  • Reply 19 of 23
    gilly33gilly33 Posts: 434member
    Elon Musk-owned X Corp. has absorbed Twitter Inc. as the first step to becoming an "everything app" similar to China's WeChat.

    Twitter Inc. is now X Corp.
    Twitter Inc. is now X Corp.


    Twitter's slow transformation from micro-blog to everything platform has seemingly begun. A series of corporate ownership moves has made Twitter Inc. cease to exist, at least in name.

    According to information obtained by Slate, X Corp. merged with Twitter Inc. on April 4. This information was revealed within court documents from an ongoing court case between Twitter and Laura Loomer.

    The court case in question isn't particularly important, it's a case where Loomer is suing Twitter for violating federal racketeering laws when her account was banned in 2019. What is interesting are court filings that were shared publicly.

    The filing reads: "Twitter, Inc. has been merged into X Corp. and no longer exists."

    This merger hasn't been announced and likely won't have any immediate effect on the app or service, but it is a first step from Elon Musk. He previously said that Twitter would become the "everything app" called X and could rival other platforms like China's WeChat.

    Nothing suggests that X Corp. will actually lead to the X app. The reporting also suggests this could be a move to have a larger parent company named X as the controlling interest over all of Musk's properties like Tesla and Space X.

    Interestingly, this also means that the entity that is Twitter under X Corp. is now based in Nevada instead of Delaware. However, all of the debt and lawsuits Musk and Twitter faced before will be carried to the new X Corp.

    And, Musk was the original owner of the "X.com" domain. He once used it for a payment service that was rolled into Paypal back around the turn of the century.

    He re-bought the domain in 2017, for an undisclosed sum.

    Twitter is still functional as a social media platform. It continues to spark controversy with who it allows, who it bans, and what content is allowed.

    Many users, especially in the tech community, have sought refuge from this upheaval on various platforms or by quitting social media altogether. AppleInsider continues to operate on Twitter but can be found on Facebook, Instagram, and Mastodon.

    Read on AppleInsider
    Nice placing of the ‘x’ on the bird. Funny. 
    9secondkox2watto_cobra
  • Reply 20 of 23
    "X-app, the Everything App! Coming SOON! (just a few years after 'Full Auto Pilot' finally becomes reality which, at this pace, will be right after Musk announces his Perpetual Motion Machine project. When? REAL SOON!) 
    ronnbaconstang9secondkox2watto_cobra
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