X Corp.

X Corp.
Company typeSubsidiary
Industry
PredecessorTwitter, Inc.
FoundedMarch 9, 2023 (2023-03-09)[a]
FounderElon Musk
Headquarters
Bastrop, Texas, United States
Area served
Worldwide
Key people
ServicesX (formerly Twitter)
RevenueDecreaseUS$2.5 billion (2023)[2]
Number of employees
c. 1,500 (August 2023)[3]
ParentX Holdings Corp.
SubsidiariesX Payments LLC[4]
Websiteabout.x.com Edit this at Wikidata

X Corp. is an American technology company headquartered in Bastrop, Texas.[5] Established by Elon Musk in 2023 as the successor to Twitter, Inc., it is a wholly owned subsidiary of X Holdings Corp., which is itself mostly owned by Musk. The company owns the social networking service X (formerly known as Twitter), and has announced plans to use it as a base for other offerings. While the official name of the company and social network is now X, many users and media outlets continue to refer to it as Twitter.[6][7][8]

  1. ^ Smith, Connor (April 11, 2023). "Twitter Inc. 'No Longer Exists.' Why Elon Musk Chose Nevada For X Holdings". Barron's. Archived from the original on April 12, 2023. Retrieved April 11, 2023.
  2. ^ "Elon Musk's desperate search for revenue at X", fortune.com, archived from the original on August 23, 2024, retrieved August 23, 2024
  3. ^ "Twitter-turned-X CEO Linda Yaccarino focuses on winning back big brands on Elon Musk's platform". Associated Press. August 10, 2023. Archived from the original on October 8, 2023. Retrieved August 13, 2023.
  4. ^ Capoot, Ashley (January 9, 2024). "Elon Musk's X to launch peer-to-peer payments this year". CNBC. Archived from the original on January 11, 2024. Retrieved February 15, 2024.
  5. ^ Emerson, Sarah. "Elon Musk Has Officially Moved X To Texas". Forbes. Archived from the original on October 3, 2024. Retrieved September 20, 2024.
  6. ^ Brown, Ryan (April 13, 2023). "Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into finance". CNBC. Archived from the original on April 13, 2023. Retrieved April 13, 2023.
  7. ^ Capoot, Ashley (July 29, 2023). "X logo officially replaces Twitter's famous bird on mobile app, building headquarters". CNBC. Archived from the original on July 31, 2023. Retrieved August 1, 2023.
  8. ^ Mueller, Saira (February 23, 2024). "Why can't we stop calling it Twitter? Experts and insiders weigh in | CNN Business". CNN. Archived from the original on May 26, 2024. Retrieved August 4, 2024.


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