Elon Musk’s Twitter is now X Corp

Twitter Inc. no longer exists as an independent company after merging with X Corp, a corporate company owned by Elon Musk, focused on creating an “Everything App”.

Musk tweeted about the merger on Tuesday with a single character “X”. To make sense of the tweet, Slate magazine first pointed out the court filing which stated, “Twitter has been merged into X Corp. and no longer exists.” 

Musk has previously mentioned that his $44 billion buyout of Twitter would be an accelerant for creating X - dubbed as an “Everything App”. From what we know so far, Musk plans to build an app similar to China’s WeChat, an all-encompassing app that features payments, event bookings, and messaging. 

A few days ago, the Twitter CEO had also played around with the logo of the social media company, changing it with the logo of the crypto currency Dogecoin.