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X Corp. is an American technology company established by Elon Musk in 2023 as the successor to Twitter, Inc. It is a wholly owned subsidiary of X Holdings Corp., which is itself owned by Musk. The company owns the social networking service X (formerly Twitter) and has announced plans to use it as a base for other offerings. [4] [5] History.
- March 9, 2023; 7 months ago
- Twitter, Inc.
Mar 21, 2024 · X Corp. is a subsidiary of parent company X Holdings, which owns no other major assets as of early 2024. However, Elon Musk has founded several other businesses that could ultimately be...
- Matthew Frankel, CFP
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Apr 21, 2022 · Elon Musk formed a trio of holding companies as part of his bid to acquire Twitter Inc., potentially giving the billionaire a path to bring all of his business ventures under a single parent. The...
- Sean O'kane
- 3 min
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Apr 22, 2022 · In turn, Musk — who has secured $46.5 billion in financing for the bid — has formed three entities: X Holdings I, X Holdings II, and X Holdings III, all Delaware-incorporated, and...
Apr 22, 2022 · The first company, X Holdings I Inc., lists Musk as president, treasurer and secretary and would be the parent company of Twitter if the billionaire’s bid succeeds, according to Bloomberg,...
Apr 11, 2023 · X Corp. is a privately held corporation. Its parent corporation is X Holdings Corp. The merger has yet to be revealed to the public, despite Musk's grand plan to transform Twitter into...
