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Twitter no longer exists as a company after being merged with X Corp.

Twitter is in the midst of change. | Fountain: AFP

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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

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