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Elon Musk is betting big on transforming the struggling microblogging platform formerly known as Twitter into a profitable rival ... I will discontinue my phone number and only use X for texts and ...
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 ...
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.
[12] [13] Twitter reintroduced public verification in May 2021, with updated guidelines in January 2021 requiring verified accounts to have a verified email address or phone number, and stating that users may lose their blue checkmark for violating Twitter's rules. The announcement came alongside a new label for automated or bot accounts and ...
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He retweeted a press release announcing that 40 civil-society groups were demanding that Twitter's top advertisers stop supporting the site "if Elon Musk continues to undermine brand and user safety."
On April 25, 2022, Twitter agreed to a $44 billion buyout by Elon Musk, CEO of SpaceX and Tesla, one of the biggest deals to turn a company private. [11] [12] On July 8, Musk terminated the deal. [13] Twitter's shares fell, [14] leading company officials to sue Musk in Delaware's Court of Chancery on July 12. [15]
Elon Musk has officially become Twitter's CEO, ... The new CEO has also floated a number of potential ... The figure pales in comparison to what Musk paid to buy Twitter in the first place, though