- Elon Musk merely tweeted “X” per week after Twitter Inc merged into his X Corp Holdings.
- His affinity for the letter started within the ’90s with “X.com” – a website he repurchased from PayPal in 2017.
Elon Musk additional hinted at his ambitions to show Twitter into his long-discussed “every part app” with a single-letter tweet on Monday evening: “X.”
“Shopping for Twitter is an accelerant to creating X, the every part app,” the billionaire tweeted three weeks earlier than his acquisition went by final October.
The Twitter chief developed an affinity for the letter again within the Nineteen Nineties, founding the corporate “X.com” which later grew to become PayPal. Musk then repurchased the area identify in 2017, and now seems to be beginning to put collectively his new scheme.
That appears to incorporate a fee service, as Twitter utilized for regulatory licenses after his takeover, per the Monetary Instances. He beforehand urged he may very well be impressed by the Chinese language app WeChat, which incorporates banking, ride-sharing providers, and video chatting.
“It does every part — kind of like Twitter, plus PayPal, plus an entire bunch of issues, and all rolled into one, with an awesome interface,” he mentioned. “It is actually a wonderful app, and we do not have something like that outdoors of China.”
Musk’s newest tweet comes per week after “X” grew to become the guardian firm of Twitter, in response to a company disclosure assertion filed as a part of a lawsuit over suspended accounts in Florida. “Twitter, Inc. has been merged into X Corp. and not exists,” the submitting says.
A trio of “X Holdings” corporations had been first created final April to fund Musk’s buy of Twitter, per Bloomberg. In 2020, he said one Tesla investor’s suggestion that he type the “X” holding firm for his a number of ventures was a “good concept.”
“X’s mission is to make sure human survival and progress,” the unique tweeter had mentioned.
—Elon Musk (@elonmusk) December 23, 2020
For now, it appears like little has modified past the identify on some company filings, however such an “every part app” might fulfil Musk’s reported imaginative and prescient of a “clear however tough path” to a $250 billion valuation for Twitter.
Insider contacted Twitter for remark. The corporate responded with an automatic message that did not deal with the inquiry.