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On July 23, 2023, Musk announced X's launch, which would replace Twitter, which started when the X.com domain (formerly associated with PayPal) began redirecting to Twitter; [3] the logo was changed from the bird to the X the next day, [37] and the platform's official main and associated accounts also began using the letter X within their handles. [38]
The business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
The service is owned by the American company X Corp., which was established to succeed the prior owner Twitter, Inc. in March 2023 following the October 2022 acquisition of Twitter by Elon Musk for US$44 billion. Musk stated that his goal with the acquisition was to promote free speech on the platform.
Washington better turn on its Twitter, er, X alerts again. Elon Musk and a loose band of MAGA influencers have shown that even if Twitter wasn't real life, X just might be.
Congressional Democrats’ use of X, formerly Twitter, has significantly dropped off in the years since Elon Musk took over the social media platform, a new report suggests. Significantly more ...
That’s a 78.7% drop. Buying Twitter was a $46.5 billion deal: $44 billion went to shareholders and about $2.5 billion went to expenses. Musk and his coinvestors put about $33 billion into the ...
The following table lists the top 50 most-followed accounts on X, with each total rounded down to the nearest hundred thousand, as well as a description of each account. [1] [2] Elon Musk is the owner of X (formerly Twitter) and the most-followed person on X. Former U.S. President Barack Obama is the most-followed politician on X. Portuguese ...
Elon Musk revealed more of his vision for Twitter on Thursday with a message to advertisers — a sign that the tech titan's $44 billion acquisition of the social media platform is moving forward ...