Twitter is making headlines for its merger with the company X Corp and users are wondering to know what this company is all about and why Elon Musk has decided to merge Twitter with it. If you are among the curious users who are looking to find out what the X Corp company that made a merger with Twitter is all about, we got you covered. Here we have gathered all the details you need to know.
Ever since Elon Musk has taken over Twitter it is constantly making headlines on the internet. One of the main reasons why Twitter is getting attention now is because Elon Musk’s has been an influential and polarizing figure on the platform for years.
The Tesla owner used the platform to share his thoughts, opinions, and business ventures. He also utilized the platform to interact with his fans, customers, and investors. In addition, Elon Musk also remains in limelight for controversial Tweets.
As Musk took over Twitter, the Bird App has gotten some extra attention from users. Users now speculate about what changes Elon Musk might make and how he might use his influence to shape the platform’s future.
The platform is again making headlines for its latest merger with the X Corp. As users have come across this news, they have taken to the Bird App to inquire about what the X Corp Twitter merger is eyeing. For all such users, below we have gathered all the details.
What Is X Corp That Twitter Merged With?
The X Corp is a company that is owned by Elon Musk. The latest court filings that are going viral on social media platforms reveal that X Corp is a privately owned company based in Nevada.
As per the available reports, the principal base of X Corp is in San Francisco, California. It translates that, the corporation is both a citizen of Nevada and California.
Reports further reveal that Tesla owners registered X Holdings I, II, and III in Delaware in April 2022. As per Slate.com, all these firms were designed to facilitate Elon’s purchase of Twitter. According to a deal made in 2022, Twitter was supposed to merge with X Holdings II, however, the social media platform remains the same and we have not seen any changes in its corporate structure.
Twitter Merged With X Corp
Twitter users think that the company is named after the billionaire’s first child with ex-girlfriend Grimes, his name is X. Elon Musk also owned a bank named X.com in the year 1999, which later merged with PayPal.
Moreover, Tesla owner’s space exploration corporation is also named SpaceX. This is not it, the Tesla owner has also named a Tesla Car Model X.
While overtaking Twitter last year, Elon Musk revealed that he wants to make it the “everything app” which would also be named X. He further added that, this app will be similar to China’s WeChat.
Here is what users think about this new merger.
One user wrote, “It’s hard to know what to make of Musk’s transformation of Twitter into X Corp. (When asked for comment, Twitter responded with a poop emoji). Musk, who owns Twitter as well as X Holdings Corp., has not yet revealed this merger to the public.”
Another added, ‘Elon Musk tweets ‘X’ to suggest that Twitter is no longer a company’.
“X corp merger with Twitter shows @elonmusk is serious about creating the everything app for everyone. Have no doubt @dogecoin will be the de facto currency of the future. By fulfilling user monetization to paying for online stores doge will fly beyond the moon soon”, said another.
You may also want to know Why Was Twitter Logo Changed To Doge Dog?
The Bottom Line
This is all we know about what the X Corp, Twitter merger is and what the Twitter owner is looking for. Hopefully, you have found all the details you were looking for.