'Twitter no longer exists': Elon Musk may have already ended Twitter Inc.
A court filing in the US claims that 'Twitter, Inc. has been merged into X Corp. and no longer exists'
- Apr 11, 2023,
- Updated Apr 11, 2023 10:21 AM IST
After waves and waves of layoffs at Twitter Inc., a complete shut down was never out of the question for the micro-blogging platform. However, Elon Musk has other plans. A court filing has revealed that Twitter Inc. no longer exists. Musk's other company X Corp has reportedly absorbed Twitter Inc.
A report by Slate first highlighted the court filing which clearly stated, "Twitter, Inc. has been merged into X Corp. and no longer exists." The lawsuit has nothing to do with Twitter's new company. In fact, it was filed by a single person against "former Twitter" for violating federal racketeering laws.
In the court filing, Twitter reveals that “successor in interest” to Twitter Inc. is X Corp. which also becomes the defendant in this particular lawsuit. X Holdings Corp. has been identified as the parent company.
X Holdings Corp. is touted to become Musk's super company with Tesla, SpaceX Neuralink, The Boring Company and Twitter as part of a single super-conglomerate.
Elon Musk on Twitter-X Corp Merger
Elon Musk, who is very vocal about all things Twitter, has been quiet about the merger and there has been no official statement from the company. Sending mails to Twitter's press mail ID returns a poop emoji. In terms of operations, Twitter seems to be working just fine with the standard logo back in the picture.
This comes days after Twitter CEO Elon Musk started playing with the logo of the social media company, replacing it with the logo of the cryptocurrency Dogecoin. Later, it was observed that Twitter's lettering at its headquarters was missing a 'w', leading to 'Titter' headquarters.
After Twitter's SF headquarters landlord raised a dispute with the company about the change in name, Elon Musk decided to remove the covering from 'w' but got it painted white, essentially camouflaging it with the background colour.
Also read: Former CEO Parag Agarwal, other ousted executives sue Twitter for $1 mn
Also read: 'Is Tesla coming to India,' ask netizens as Elon Musk starts following PM Modi on Twitter
For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine
After waves and waves of layoffs at Twitter Inc., a complete shut down was never out of the question for the micro-blogging platform. However, Elon Musk has other plans. A court filing has revealed that Twitter Inc. no longer exists. Musk's other company X Corp has reportedly absorbed Twitter Inc.
A report by Slate first highlighted the court filing which clearly stated, "Twitter, Inc. has been merged into X Corp. and no longer exists." The lawsuit has nothing to do with Twitter's new company. In fact, it was filed by a single person against "former Twitter" for violating federal racketeering laws.
In the court filing, Twitter reveals that “successor in interest” to Twitter Inc. is X Corp. which also becomes the defendant in this particular lawsuit. X Holdings Corp. has been identified as the parent company.
X Holdings Corp. is touted to become Musk's super company with Tesla, SpaceX Neuralink, The Boring Company and Twitter as part of a single super-conglomerate.
Elon Musk on Twitter-X Corp Merger
Elon Musk, who is very vocal about all things Twitter, has been quiet about the merger and there has been no official statement from the company. Sending mails to Twitter's press mail ID returns a poop emoji. In terms of operations, Twitter seems to be working just fine with the standard logo back in the picture.
This comes days after Twitter CEO Elon Musk started playing with the logo of the social media company, replacing it with the logo of the cryptocurrency Dogecoin. Later, it was observed that Twitter's lettering at its headquarters was missing a 'w', leading to 'Titter' headquarters.
After Twitter's SF headquarters landlord raised a dispute with the company about the change in name, Elon Musk decided to remove the covering from 'w' but got it painted white, essentially camouflaging it with the background colour.
Also read: Former CEO Parag Agarwal, other ousted executives sue Twitter for $1 mn
Also read: 'Is Tesla coming to India,' ask netizens as Elon Musk starts following PM Modi on Twitter
For Unparalleled coverage of India's Businesses and Economy – Subscribe to Business Today Magazine