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Elon Musk May Set Up Social Media Platform on X.com

Elliot Silver
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In the Summer of 2017, I reported on Elon Musk’s acquisition of the X.com domain name from PayPal. The acquisition price for this domain name was not disclosed by Musk or PayPal, so the purchase price for X.com remains publicly unknown. Since that time, Musk has done very little with the X.com domain name. It currently has a text letter “x” in the top left corner of the landing page.

According to a Wall Street Journal article this morning, Musk may use X.com for a social media platform if his deal to buy Twitter does not go through. That deal is currently being litigated. Here’s what the WSJ article noted:

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BrandForce VP Comments on Connect.com Sale

Elliot Silver
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0

In April, I reported on HubSpot’s acquisition of Connect.com. At the time of the sale, the acquisition price was not shared publicly by either buyer or seller. On Sunday, George Kirikos uncovered a SEC filing with the $10 million sale price, and he was the first to publish an article about it.

I reached out to BrandForce Co-Founder and Vice President Louis Pickthall to see if he like to comment about the deal. I also asked him where this domain name sale ranks on his company’s list of top sales. Louis replied, and shared this with me:

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ICA Submits Comment to ICANN on Transfer Policy Report

Elliot Silver
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George Kirikos published several articles on FreeSpeech.com about the ICANN public comment period for the domain name transfer policy review. George submitted a comment requesting additional time for the comment period, and the submission deadline was extended to August 16th. I chatted with George, and he doesn’t feel that this new deadline is sufficient time for him, and continues to believe that more time is required to complete a full submission.

One of the reasons I am a member of the Internet Commerce Association (ICA) is because I rely on their advocacy on behalf of domain investors. The ICA participates in ICANN discussions, and I believe their submissions hold more weight than an individual submission I would make. In addition, I believe the ICA is more knowledgable about various ICANN policy-related topics and can provide more comprehensive commentary than I could.

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ICA to Host Kate Buckley AMA

Elliot Silver
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1

The Internet Commerce Association (ICA) is set to host an AMA session with domain broker Kate Buckley. The Zoom session will be held on August 10th. This AMA session is only open to ICA members.

The ICA has hosted several AMA sessions with other members of the domain investment community. Andrew Rosener, Braden Pollock, Monte Cahn, Richard Lau, and Paul Nicks have all participated in these interactive sessions. ICA members also have access to these recorded sessions.

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Northwest Registered Agent Hiring Domain Registrar Director

Elliot Silver
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Tom Glover, President of Northwest Registered Agent, LLC, asked me to share a job posting that might be of interest to someone with experience and expertise in the domain name space. The company is looking to hire a Director of Domain Name Registrar for its registrar business. The job listing was posted on TwoBarrels.com.

Northwest Registered Agent is a registered agent service that also offers business formation services. I wrote about the company in 2013 after I saw a press release announcing its acquisition of StartingABusiness.com. The idea behind the acquisition was that people would find the company when starting a business since they offer business services in addition to registered agent services.

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NFTs.com Acquired for $15 Million

Elliot Silver
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The NFTs.com domain name was acquired for $15 million, according to a press release I was sent by a representative from Escrow.com. According to the release, the deal was brokered by Domainer.com and GoDaddy. The sale was facilitated by Escrow.com. This is one of the largest publicly reported domain name sale of all time. It is the second largest publicly reported sale in the past few years, following the $30 million sale of Voice.com in 2019.

The buyer and seller of NFTs.com are not publicly known at this time. The domain name is currently registered at GoDaddy under Whois privacy. The domain name has been privately registered since March of 2021. Prior to that, GDPR obscured the registrant of the domain name.

Here’s the press release I received this morning:

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