In recent years, the much-discussed platform Twitter has been going through an extremely turbulent process and continues its path with completely different policies. The company experienced many significant changes after Elon Musk took the wheel. The latest of these changes is the company’s name.
Twitter Inc. will continue as X Corp.
Elon Musk, who made headlines with radical changes after purchasing Twitter, made his final move. Twitter Inc., the parent company of Twitter, was replaced by Musk’s X Corp. The decision first emerged in documents in a court in the Southern District of Florida. Musk also just posted a tweet confirming the situation.
On the other hand, the reason for this change is not yet known. According to some sources, the idea of Twitter X Corp. merger has been around since Elon Musk planned to buy Twitter. With this change, Twitter joined the trend of changing parent company names.
Twitter X Corp
When Elon Musk took over Twitter in a sensational manner, he stated that the platform had much more earning potential and that they would utilize it. Following the controversial layoff process, Musk initiated the Twitter 2.0 era, which also unveiled many new innovations.