Twitter ceases to exist after merger with X Corp

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South Africa News News

Twitter has ceased to exist after the company merged with Elon Musk’s X Corp.

According to a report by, in a court filing on Tuesday 4 April, Twitter quietly revealed the major development that “it no longer exists”.

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

 

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