Ajit Karn
Elon Musk’s everything app called ‘X’ has merged with Twitter, according to a significant announcement made by Twitter.
In a court filing in the United States, Twitter discreetly disclosed its demise.
“Twitter Inc. has been absorbed by X Corporation and no longer exists.” “X Corporation is a privately held Nevada corporation with its principal place of business in San Francisco, California,” according to the filing.
In October of last year, as he was finalizing the acquisition of Twitter, he reaffirmed that X remained his long-term business objective.
Musk tweeted, “Buying Twitter is a catalyst for creating X, the everything app.”
He added, “Twitter probably accelerates X by three to five years, but I could be wrong.”
Musk had previously expressed interest in developing an application with exhaustive features comparable to WeChat.
He stated in a podcast that the United States requires a powerful app.
“Either Twitter must be converted to that, or something new must be created. It must occur in some way, he said.
“If you’re in China, WeChat is your lifeline. It performs every function. It is a combination of Twitter, PayPal, and a variety of other features, with an excellent interface. Musk stated to podcast listeners a year ago, “It’s a fantastic app, and we don’t have anything comparable outside of China.”
Also read this:Meta releases SAM, an AI model capable of identifying objects within images
In 1999, Musk co-founded X.com, an online bank that was later incorporated into PayPal.
