Twitter becomes X Corp as Elon Musk advances ‘everything app’ hopes

It’s unclear what the change means for Twitter, which has seen a sweeping overhaul since Musk bought the company for US$44bil (RM194.41bil) last year. — AFP

Twitter Inc has ceased to be an independent company after merging with a newly formed shell firm called X Corp, driving speculation about what Elon Musk intends for the social media platform.

Twitter “no longer exists” after being merged with X Corp, according to an April 4 document submitted in a California court for a lawsuit filed against the company and its former chief executive officer, Jack Dorsey, last year by conservative activist Laura Loomer.