Twitter Is No More, ‘X Corp’ Is Born

Twitter Inc. is no more, officially now a part of ‘X Corp,’ according to a new court filing.

The news was reportedly broken by American journalist Laura Loomer, who shared a screenshot from the filing online.

“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.

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.

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.

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.

Musk previously trolled about changing the company’s sign name on April 9, making what appeared to be a breast joke.

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.

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