Documents shared with TechCrunch show that Twitter as a company no longer exists, having merged with an organization called X Corp. In the short term, this probably won’t change anything for the platform, but in the long term, this merger signals that Elon Musk still wants to turn Twitter into a super An app comparable to WeChat in China By the way, Musk has already said that among his plans for Twitter is the integration of the Twitter payment system, since the company no longer exists. This is stated in a recent TechCrunch article that cites a lawsuit in California. Since Twitter is no longer listed on the stock exchange, the company is no longer required to report changes of this kind to the SEC, the US stock market policeman. However, Twitter has yet to notify the court as part of the ongoing case. Rest assured (or not), the Twitter platform still exists. However, according to TechCrunch, Twitter, Inc. merged with X Corp., another Elon Musk company. But at the moment this change has not been officially announced. In any case, all this indicates that Musk did not give up. son project X, based on Twitter.
But what is this Elon Musk project?
First of all, it is important to remember that X.com is the name of the financial service created by Elon Musk, which turned into PayPal. And today, son new project “X” is a project super-an app or “app for everything” that could be compared to WeChat in China. In China, this application is used not only for messaging. it is also a network social, a payment service that includes features such as food ordering or VTC. In fact, an indispensable service in everyday life. By using son Project X, Elon Musk wants to create an analogue of WeChat for Western countries. And the takeover of Twitter, he says, could accelerate that project. Moreover, it should be noted that Musk has already mentioned the integration of the payment system on the microblogging platform. And judging by the leaks, the administrative procedures for integrating the payment with Twitter have already been launched. But before embarking on this ambitious WeChat-inspired project, Elon Musk will first have to take care of more pressing matters. Indeed, Twitter has not yet fully completed the transition to son new paid model. In a recent Twitter post, Musk announced that the “final date” for removing the old blue icons would be April 20th. In addition, the platform also needs to improve its finances.
final date for deleting obsolete blue checks – 4/20 – Elon Musk (@elonmusk) April 11, 2023
