Twitter ‘no longer exists’: Musk starts new company

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Twitter has ceased to be an independent company after merging with a newly formed shell firm called X Corp, driving speculation about what Elon Musk intends for the social media platform.

Twitter “no longer exists” after being merged with X Corp, said an April 4 document submitted in a California court for a lawsuit filed against the company and its former chief executive officer, Jack Dorsey, last year by conservative activist Laura Loomer.It’s unclear what the change means for Twitter, which has experienced a sweeping overhaul since Musk

Musk also owns the domain “X.com” — the name of the online payments company he started and eventually merged with PayPal.

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