Twitter, the popular social media platform, has officially become X Corp. According to a new court filing, the company has been merged into a new entity called X Corp. This is a result of Elon Musk's $44 billion takeover package that he offered in October 2022.
The move was met with some resistance from Twitter initially, as they tried to prevent him from becoming a majority shareholder. However, on October 24th 2022, it was announced that the merger between Twitter and X Holdings had been completed.
The purpose of this merger is for Musk to create an "everything app" called X. It's unclear what exactly this will entail, but Musk has said that it will be "an accelerant to creating X". He also teased his website 'X.com' as a potential competitor to Twitter and other social networks.
It's likely that this merger will bring about some changes to how we use Twitter now. For example, there could be new features or updates that make it easier for users to access different types of content on the platform. Additionally, it's possible that the name of the company could change from Twitter Inc to something else entirely - such as X Corp or even just 'X'.
It remains to be seen what exactly this merger will mean for users of Twitter and what kind of changes we can expect in the near future. However, one thing is certain - with Elon Musk at the helm of this new venture, it's sure to be an exciting ride!