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After buying Twitter in 2022 for $44 billion, Elon Musk formally liquidated the company.
Twitter (company) officially disappeared after it was taken over X Corporation., another company Elon Musk with which he intends to create a “social network of everything”.
Elon Musk he confirmed his actions by tweeting “X” on Tuesday. This is after a court document came out saying that Twitter Inc.. it no longer existed due to being taken over by X Corp.
X Corporation was established on March 9 this year in the state of Nevada and merged with Twitter March 15, documents show.
This does not affect, at least for the moment, the name of the social network.
Elon Musk and his project “X”
Elon Musk has ambitions to create an application “for everything” inspired by WeChat, a Chinese application that, in addition to providing messaging services, allows you to send money, order a taxi and much more.
Mandeep Singh, Analyst Bloomberg Intellectbelieves that Musk You can create a matrix structure like the one in Alphabet, in which you have all your companies.
Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.