The Strategist

Twitter ceases to exist as separate company



04/11/2023 - 11:39



According to the California district court decision, Elon Musk's X Corp. merged with Twitter, ending its existence as a separate business.



pxfuel
pxfuel
According to the paper, "the undersigned counsel for defendant X Corp. as a successor to defendant Twitter inc. hereby contends that Twitter was merged with X Corp. and no longer exists."

It emphasizes the fact that X Corp. is an X Holdings subsidiary.

Early in March, Elon Musk reportedly incorporated two new businesses, X Holdings Corp. and X Corp.

source: cnn.com

 




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