According to a new court document Twitter Inc. has merged with X Corp.
Laura Loomer confirmed the news with a photo of a court filing she posted. Loomer is a journalist suing Twitter, and she showed the transition that has emerged from Twitter to X Corp, a privately owned corporation under X Holding Company.
The court filing stated:
“Pursuant to Rule 7.1 (a)(1) of the Federal Rules of Civil Procedure, the undersigned counsel for Defendant X Corp., as successor in interest to named Defendant Twitter, Inc., hereby states that Twitter, Inc. has been merged into X Corp. and no longer exists.”
Elon Musk owns both of the companies, and he still runs Twitter.
The filing continued:
“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.”
JUST IN: According to a recent court filing from Southern District of Florida, Twitter is now “X”.
“Twitter, Inc has been merged into X Corp. and no longer exists.” pic.twitter.com/BbVwrdSkK9
— WhaleWire (@WhaleWire) April 11, 2023
Willkie Farr & Gallagher LLP signed the document. In addition, the attorneys that signed the document are Johnathan Patchen, Michael Gottlieb, Meryl Conant Governski, Kristin E. Bender, and Youhan Alice Chi.
This document results from Loomer suing Meta Platforms, Facebook – its CEO Mark Zuckerberg, Twitter – its former CEO Jack Dorsey and Procter & Gamble. Initially, the case was filed on May 2, 2022, in the U.S. District Court for the Northern District of California San Francisco Division.
In a diferent filing in the U.S. District Court of the Florida Miami Division, Twitter attorney Joshua Webb also amended legal documents to show
“Twitter, Inc. has been merged into X Corp. and no longer exists.”
The document continues:
“X Corp. is a privately held corporation, incorporated in Nevada and with its principal place of business in San Francisco, California, and is thus a citizen of Nevada and California.”
Musk has now publicly confirmed the news, but he has posted the letter X in a pattern, including the name of his child X AE, his website X.com, and his companies, SpaceX and Tesla Model X.
Earlier today, Musk tweeted just the letter X, as this news was trending on the platform.
— Elon Musk (@elonmusk) April 11, 2023
When Musk purchased Twitter, he said he intended to create an X app for everything, including social networking, messaging, and payments.