Twitter ceased to be an independent company by merging with a newly created company X Corporation, according to a court document. Thus, Twitter ceases to exist, changing its name. Twitter Inc. at X Corp.
The merger resulted in assumptions about what the plan of this action is.
For now, Elon Musk He didn’t say anything, he only posted “X” via his Twitter account on Tuesday April 11th.
In the past, the entrepreneur has expressed interest in creating app “everything” called “X”, which, in addition to the social network, has such functions as making payments, booking tickets. Something similar to the Chinese application “WeChat”. So at first Musk claimed that the Twitter purchase was “throttle“for this project.

Photo: Twitter (Elon Musk)
X Corp. was established on March 9 in Nevada and is owned by its parent company, also Musk, X Holding Corp. 15th of the same month merged with twitter. However, it was Musk’s “X” tweet that sparked speculation around the world. In Japan, the themeTwitter is gone(Twitter disappears).
“It’s unclear what this change means for Twitter (as a social network), which has undergone a deep overhaul since Musk bought the company for $44 billion last year,” he said. bloomberg.
In an interview published this Wednesday in BBC, Entrepreneur Elon Musk mentions that “buying Twitter it was pretty painful”, for the ups and downs he went through.
The billionaire businessman, who also runs automaker Tesla and SpaceX, bought the social network for $44 billion last October.
The businessman admitted that the past few months have been “pretty stressfulin the company, but insisted that at one time he considered buying it the right thing to do.
In addition, he added that he is ready sell twitterif the right person was interested, raising more questions about the company’s recent merger with X Corp.
(According to information from EFE And Aristegui News)
Source: Aristegui Noticias

Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.