A few days ago, news broke that Elon Musk wanted to proceed with his acquisition of Twitter. Shortly after the news broke, Musk alluded to how Twitter would fit into his plan for “X:”
Buying Twitter is an accelerant to creating X, the everything app
— Elon Musk (@elonmusk) October 4, 2022
X is in reference to a company Musk appears intent to build, and it would reside on the X.com domain name he acquired from PayPal in the Summer of 2017. For the last few years, the only thing appearing on X.com is the letter x, but Musk seemingly has much bigger plans for the domain name.
My guess is that X.com will be turned into a high profile holding and incubation company operated by Musk. Twitter will be rolled up into the company, and other Musk investments, startups, and moonshot enterprises would be folded into and developed by X. This would be similar to Google’s corporate parent, ABC, and Square’s corporate parent, Block. Interestingly, both of these holding companies use .xyz domain names (ABC.xyz and Block.xyz), and X would be found at X.com. I think Musk would use X in a more high profile manner than ABC and Block currently operate.
X.com was once a financial corporation that was Co-Founded by Musk. In 2000, the company merged with a competitor, and the larger company rebranded as PayPal. X.com as a brand was retired. In 2002, PayPal was acquired by eBay, and with it came X.com. For quite some time, according to Archive.org, X.com was used as a portal for the PayPal X Developer Network and then it was used as a forwarder to eBay’s corporate website. The domain name was seemingly cast aside until Musk’s 2017 acquisition.
Musk could have grander visions for X and X.com than simply becoming a holding company. In the near term, following the acquisition of Twitter, I think we will see Twitter rolled up into X with X.com being the corporate website.
Elon Musk should run for President
using x.com,he will get things done
Thank you for Tesla,bought shares many years ago and see her ride with big splits $$$$
You might have a bucket of stinky fish, but you have zero Tesla shares.
Not sure about that.
Hey Fish Monger
Here the links and you go make the comparisons, look at the cost –how much I paid for
There is nothing for me to hide and this BUllS do not BS
I sent Elliot the attachments too and he can now testify too
I do not BS and I got nothing to hide
Now who is the stikin Fish Monger??
Those links you’ve provided show no evidence of stock ownership in Tesla. I am inclined to believe the assertion of “Fish Monger”, as based on past posts, you don’t seem the type to hold Tesla stock.
You can contact me and I will give the password to view
Then you will know I am not BullS
Or what your email address?