X Corp.

X Corp.
Company typeSubsidiary
Industry
PredecessorTwitter, Inc.
FoundedMarch 9, 2023 (2023-03-09)[a]
FounderElon Musk
Headquarters
Bastrop, Texas, United States
Area served
Worldwide
Key people
ServicesX (formerly Twitter)
RevenueIncrease US$2.7 billion (2024)[2]
Number of employees
c. 1,500 (August 2023)[3]
ParentxAI[4]
SubsidiariesX Payments LLC[5]
Websiteabout.x.com

X Corp. is an American tech company headquartered in Bastrop, Texas.[6] Established by Elon Musk in 2023 as the successor to Twitter, Inc., it is a wholly owned subsidiary of xAI since March 28, 2025,[7][8][9] which is itself partly 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, including the incorporation of xAI's Grok and Aurora models. They also own the trademarks of services Vine, Periscope and X.com.[10][11][12][13]

  1. ^ Smith, Connor (April 11, 2023). "Twitter Inc. 'No Longer Exists.' Why Elon Musk Chose Nevada For X Holdings". Barron's. Archived from the original on April 12, 2023. Retrieved April 11, 2023.
  2. ^ Saeedy, Alexander; Baer, Justin (February 5, 2024). "Banks Sell $5.5 Billion of X Loans After Investor Interest Surges". The Wall Street Journal. Archived from the original on February 5, 2025. Retrieved February 6, 2025.
  3. ^ "Twitter-turned-X CEO Linda Yaccarino focuses on winning back big brands on Elon Musk's platform". Associated Press News. August 10, 2023. Archived from the original on October 8, 2023. Retrieved August 13, 2023.
  4. ^ "Elon Musk says xAI acquired X". Techcrunch. March 28, 2025. Retrieved March 28, 2025.
  5. ^ Capoot, Ashley (January 9, 2024). "Elon Musk's X to launch peer-to-peer payments this year". CNBC. Archived from the original on January 11, 2024. Retrieved February 15, 2024.
  6. ^ Emerson, Sarah. "Elon Musk Has Officially Moved X To Texas". Forbes. Archived from the original on October 3, 2024. Retrieved September 20, 2024.
  7. ^ "Musk says his new AI chatbot has 'a little humour'". BBC News. November 5, 2023. Archived from the original on November 8, 2023. Retrieved November 8, 2023.
  8. ^ Dean, Jason. "Elon Musk Says His New AI Bot 'Grok' Will Have Sarcasm and Access to X Information". WSJ. Wall Street Journal. Archived from the original on November 4, 2023. Retrieved November 4, 2023.
  9. ^ Wiggers, Kyle (December 7, 2024). "Elon Musk's X gains a new image generator, Aurora". TechCrunch. Retrieved December 7, 2024.
  10. ^ Brown, Ryan (April 13, 2023). "Twitter partners with eToro to let users trade stocks, crypto as Musk pushes app into finance". CNBC. Archived from the original on April 13, 2023. Retrieved April 13, 2023.
  11. ^ Capoot, Ashley (July 29, 2023). "X logo officially replaces Twitter's famous bird on mobile app, building headquarters". CNBC. Archived from the original on July 31, 2023. Retrieved August 1, 2023.
  12. ^ Mueller, Saira (February 23, 2024). "Why can't we stop calling it Twitter? Experts and insiders weigh in | CNN Business". CNN. Archived from the original on May 26, 2024. Retrieved August 4, 2024.
  13. ^ "X Shop on X: "4.21.2025.mp4" / X".


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