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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 ...
That number would double Twitter’s $5 billion in revenue in its last full year as a public company before Musk took it private. Since then, it’s been difficult to gauge X’s progress along ...
Twitter, Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service.
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.
When Elon Musk is asked about the future of X, the media brand once known as Twitter that he bought for $44 billion in 2022, he offers a web of tantalizing possibilities. The site, he says, will ...
Doing so would offer the company a much-needed infusion of fresh revenue as Twitter/X continues to burn through its cash reserves even after shedding roughly 80% of its workforce.
Twitter, officially known as X since 2023, is a social networking service.It is one of the world's largest social media platforms and one of the most-visited websites. [4] [5] Users can share short text messages, images, and videos in short posts commonly known as "tweets" (officially "posts") and like other users' content. [6]
Billionaire Elon Musk has hailed Twitter as a bastion for freedom of expression ever since he acquired the social media site two years ago. But over the course of 2024, X, as it is now called, has ...