Twitter Inc. is no more, officially now a part of ‘X Corp,’ according to a new court filing.
X
— Elon Musk (@elonmusk) April 11, 2023
The news was reportedly broken by American journalist Laura Loomer, who shared a screenshot from the filing online.
BREAKING: According to a recent court filing, Twitter is now “X”.
“Twitter, Inc has been merged into X Corp. and no longer exists.” pic.twitter.com/W42VwUEGMB
— Laura Loomer (@LauraLoomer) April 11, 2023
“Pursuant to Rule 7.1(a)(1) of the Federal Rules of Civil Procedure, the undersigned counsel for Defendant X Corp., as successor in interest to named Defendant Twitter, Inc., hereby states that Twitter, Inc. has been merged into X Corp. and no longer exists,” reads the filing. “X Corp. is a privately held corporation. Its parent corporation is X Holdings Corp. No publicly traded corporation owns 10% or more of the stock of X Corp. or X Holding Corp.”
Loomer notably has an ongoing lawsuit that she filed against Twitter before Musk’s takeover, along with several other social media platforms.
And it has officially been announced in court documents from my ongoing RICO lawsuit against Twitter, Facebook, @Jack Dorsey, Mark Zuckerberg and Proctor and Gamble.
Twitter Inc. no longer exists. https://t.co/grSueryqPG pic.twitter.com/zandMrdgCE
— Laura Loomer (@LauraLoomer) April 11, 2023
This news comes as Musk has announced Tesla’s plan to open a new Megapack factory in Shangai, a move that among others has caused some to be weary about the Twitter CEO’s true intentions.
Tesla opening Megapack factory in Shanghai to supplement output of Megapack factory in California https://t.co/hDpqoyNeOx
— Elon Musk (@elonmusk) April 9, 2023
TICKER NEWS reported that Twitter, Tesa, and Space X will all be merged together under X Corp, incorporated in Nevada and based in San Francisco.
Twitter Inc. no longer exists its now known as "X corp" #ElonMusk pic.twitter.com/Y5pSsIwPMe
— TICKER NEWS (@tickerNEWSco) April 11, 2023
New court papers assert that Twitter Inc. “no longer exists,” reported Fox News.
Upon being asked about his newly named entity in a Twitter space he hosted Tuesday night, Musk commented that “Twitter is an accelerant to X-Corp,” also referring to it as “the everything app.” He did not offer further elaboration.
“Is this the start of the everything app?” IBC Group CEO Mario Nawfal asked prior to the space, seemingly ahead of the curve. His post additionally claimed that the filing occurred in Florida’s Southern District.
#BREAKING: Twitter is Dead
A filing at Southern District of Florida shows that Twitter Inc has merged with X Corp and now Twitter no longer exists.
X Corp’s parent company is X Holding Corps.
The new phase of Twitter will be X Corp.
Is this the start of the everything app? pic.twitter.com/vposdXKbGV
— Mario Nawfal (@MarioNawfal) April 11, 2023
Musk previously trolled about changing the company’s sign name on April 9, making what appeared to be a breast joke.
They tried to muffle our titter 🤭
— Elon Musk (@elonmusk) April 10, 2023
A report from Vox News from June of last year revealed that Musk’s goals for Twitter are drawing inspiration from WeChat, a Chinese super app capable of engaging in a myriad of daily tasks while also heavily tracking its users.
“I think of, like, WeChat in China, which is actually a great, great app, but there’s no WeChat movement outside of China,” Musk reportedly said at the time, before adding that he thinks there is a “real opportunity” to create the same thing with Twitter.
