Twitter No More, As Elon Musk’s New X Corp. Absorbs The Bird App car auto cars
That doesn’t seem to have led to much of a change for Twitter users or workers yet, but means that the company is now legally owned by X Holdings Corp. It is incorporated in Nevada, and based in San Francisco, California, reportsMusk’s affinity for the letter X is well known, as it features in the name of a Tesla vehicle, the, and his rocket company, SpaceX. He has also previously expressed interest in creating a new app called X, which he has described as an “everything app”.
Reports suggest that Musk previously told Twitter staff that WeChat is “actually a great, great app, but there’s no WeChat movement outside of China. And I think there’s a real opportunity to create that. You basically live on WeChat in China because it’s so useful.” WeChat has been criticized for creating a social media monopoly for Tencent and for cooperating with the Chinese government to censor and surveil users. Nevertheless, Musk has said that his acquisition of Twitter could accelerate his dream of creating a comparable app by “3 to 5 years, but I could be wrong.”
Given Musk’s history of being combative with the media , it is difficult to know the specifics of what this means and when it will occur. However, it is clear that this move is likely the first step in Musk’s plan to significantly change the future of Twitter or, rather, X Corp.
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