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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. [21] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [12] 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 ...
X.AI Corp., [4] [5] doing business as xAI, is an American startup company working in the area of artificial intelligence (AI). Founded by Elon Musk in March 2023, its stated goal is "to understand the true nature of the universe".
On October 4, 2022, it was reported that Musk offered to proceed with the deal at the original offer price of $54.20 per share. [ 69 ] [ 70 ] The deal closed on October 27, 2022, with the merger between Twitter, Inc. and X Holdings II, Inc., a wholly owned subsidiary of X Holdings I, Inc., wholly owned by Musk, [ 71 ] and Musk took control of ...
Are you an X employee or someone with insight or a tip to share? Contact Kali Hays securely through Signal at +1-949-280-0267 or at kali.hays@fortune.com.
Linda Yaccarino, CEO of X Corp (formerly known as Twitter), revealed at the 2025 Consumer Electronics Show (CES) in Las Vegas that X Money will roll out in 2025. “In 2024, X changed the world.
Mr Musk had already renamed the company itself X Corp in March, six months after acquiring it for $44m, ... Why Trump is going to have a hard time lowering oil prices. Food. Food.
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.
Company says it ‘already suffered loss in revenue that correlates with X Corp.’s rebrand’