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Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [18] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [9] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
On April 25, 2022, Twitter agreed to a $44 billion buyout by Elon Musk, CEO of SpaceX and Tesla, one of the biggest deals to turn a company private. [11] [12] On July 8, Musk terminated the deal. [13] Twitter's shares fell, [14] leading company officials to sue Musk in Delaware's Court of Chancery on July 12. [15]
Elon Musk is retiring the last vestige of Twitter — the twitter.com web address — as the social network has fully moved over to the x.com domain name. “All core systems are now on X.com ...
The rest of the funding came from Musk's equities and a number of bank loans. Twitter's shares rose as more well-known names chipped in. ... screen and Elon Musk Twitter account displayed on a ...
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
On July 22, 2023, Elon Musk announced that the service would be rebranded to "X", [214] in his pursuit of creating an "everything app". [213] Musk's Twitter profile picture, along with the platform's official accounts, and the icons when browsing/signing up for the platform, were updated to reflect the new logo. [215]
Now that Elon Musk owns Twitter, he's officially taking the reins as CEO — for the moment, anyway.Twitter has made an amended filing with the Securities and Exchange Commission indicating that ...