Twitter has been absorbed by Elon Musk’s X Corp. and has now ceased to exist as a separate entity. Musk bought the company last year with the plan to convert it into an “everything” app, called X.
Musk has been very open about his fascination with China’s WeChat app. People in the Asian country use it as a one-stop portal for all their communication and payment needs. He earlier mentioned that acquiring Twitter was the first step toward his vision. However, we are not sure if he plans to convert the microblogging portal into an all-purpose app.
The news has caused a stir on social media, with people giving mixed views on the topic. A user posted his grief by saying that “it was good while it lasted” and he hoped not to have the Twitter experience “destroyed.”
https://twitter.com/TheZingOne/status/1645616722018455552
Twitter is now a part of Elon Musk-owned X Corp.
Twitter is no more an individual company but only exists within X Corp. The information was first reported by Slate on April 4. The news outlet presented a legal document from Laura Loomer’s lawsuit against the company, which concerns her banned account.
A legal document regarding the same has been shared on social media, and it reads:
“Twitter, Inc. has been merged into X Corp. and no longer exists. X Corp. is a privately held corporation, incorporated in Nevada and with its principal place of business in San Francisco, California, and is thus a citizen of Nevada and California.”
It also means that the company is now based in Nevada and California instead of its original birthplace of Delaware.
Netizens react to X Corp. absorbing Twitter, say the social media platform is “dead”
The news caused a flurry on the internet. Different people reacted differently to the news. Let’s check out some of the reactions:
Some were intrigued by the change and wondered if this was the beginning of the X app. They also shared old videos of Elon Musk discussing WeChat.
#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
Wait, Twitter soon to be X?
Merger filed with Twitter and X Corp and X being the survivor? pic.twitter.com/oNDkZufsHQ
— SpacTrader110 (@SpacTrader110) April 4, 2023
🚨#BREAKING: Twitter is now X Corp. Twitter Inc. no longer exists.
Elon Musk is turning Twitter into a Chinese app called 'WeChat' pic.twitter.com/aAvADWQ68r
— CoinHub (@CoinHubCC) April 11, 2023
In 2007 I said Twitter would become ultimately a payment company.
Today this is the first major step.
Twitter is now:
X Corp. https://t.co/t2zRejpnoa
— Brian Roemmele (@BrianRoemmele) April 11, 2023
Meanwhile, others made jokes and shared memes about the same. One user suggested the return of Vine, a popular video-sharing app from 2013.
https://twitter.com/2bz4thot/status/1645636077980450816
I for one welcome our new overlords at X Corp.
— FredsFrights ⭐️⭐️⭐️ (@FredsFrights) April 11, 2023
So do we tweet or xcorp now?
— Hunter Dale (@hunterdale6) April 11, 2023
https://twitter.com/mansam00sa/status/1645618405003624449
Please note that the microblogging website is still functional under its name, and X Corp. has not made any announcement regarding a makeover. Meanwhile, after the merger, X Corp. is liable for any debts and other expenditures related to Twitter Inc.
RELATED NEWS: Twitter Outage affects people across the globe; Elon Musk says “works for me”?
You can also share any questions you have about Elon Musk. Until then, stay with us here at Spiel Times for more content.
Make sure you share, subscribe to our push notifications, and never miss an update from the world of video games, cinema, and sports. Also, don’t forget to follow us on Twitter @spieltimes for the latest updates.
Don’t forget to check out more of our original content from the list below:
Top Chef Season 20 | TikTok compatibility challenge | Biggest celebrity weddings | Netflix’s new horror series | The Subway Guy | Avril Lavigne’s partner | Ghosted trailer | Wednesday Season 2 | Top Amazon Prime movies | Best Oscars outfits | Grey’s Anatomy | Ted Lasso Season 3 | The Last Of Us Season 2 | Elon Musk | Space X