The Blubber

Twitter Inc has merged with X Corp., and no longer exists as Twitter Inc, according to lawsuits discovered by Slate.

A court filing submission dated April 4 states:

“Pursuant to Rule 7.1(a)(1) of the Federal Rules of Civil Procedure, the undersigned counsel for Defendant X Corp., as successor in interest to named Defendant Twitter, Inc., hereby states that Twitter, Inc. has been merged into X Corp. and no longer exists.”

“X Corp. is a privately held corporation. Its parent corporation is X Holdings Corp. No publicly traded corporation owns 10% or more of the stock of X Corp. or X Holdings Corp. Pursuant to Civil L.R. 3-15, the undersigned certifies that the following listed persons, associations of persons, firms, partnerships, corporations (including, but not limited to, parent corporations), or other entities (i) have a financial interest in the subject matter in controversy or in a party to the proceeding, or (ii) have a non-financial interest in that subject matter or in a party that could be substantially affected by the outcome of this proceeding: X Corp. [and] X Holdings Corp.”

Public documents revealed that the merger between Twitter and Elon Musk’s X Corp. was filed in Nevada on March 15, 2023, reported Slate.

X Corp. seems to be a step toward Elon Musk’s “everything app.” Previously in October he said: Buying Twitter is an accelerant to creating X, the everything app. He also said: Twitter probably accelerates X by 3 to 5 years, but I could be wrong.