Connect with us


Twitter Inc. merges into X Corp., Musk pushes for ‘everything app’



Twitter is no longer a stand-alone business because its new owner, Elon Musk, has merged it with his company X Corp.

Twitter Inc. quietly disclosed the significant event in a court filing seen by Ripples Nigeria on Wednesday: It no longer exists.

Although Twitter is still a usable social media platform, this may be Elon Musk’s first move in making it an “everything app” similar to China’s WeChat.

Right-wing provocateur Laura Loomer is presently suing the corporation, alleging that it broke federal racketeering laws when it suspended her account in 2019.

Read also:Japan’s Sumitomo set to invest $100m in Egypt. 1 other story and a trivia

Twitter and X Holdings Corp. are both owned by Elon Musk, who has not yet made this transaction public.

Yet it seems that he has been considering it ever since he originally hatched his plan to buy the social media firm.

Ripples Nigeria understands that there is an agreement that Twitter will combine with X Holdings II while retaining its name and basic corporate structure and continuing to be governed by Delaware law.

Join the conversation


Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now