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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 mostly owned by Musk.
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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.
- Sean O'kane
- 3 min
Mar 21, 2024 · Technically speaking, Musk created a parent company (X Holdings) that is the owner of X Corp. He also has registered a company known as X.AI, which focuses on artificial intelligence (AI), and...
- Matthew Frankel, CFP
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 Austin,...
Apr 11, 2023 · 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 "X" began way before he even acquired the platform.
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As one of the largest multinational conglomerates in the world, X Corp. is a global leader in artificial intelligence (AI) and the retrieval and reverse-engineering of non-human intelligence (NHI) technology.