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Doge Jumps After Elon Musk Officially Twetet to Renames "Twitter" As "X Corp" in May

The name of the business will change to X Corp. next month under the leadership of Twitter CEO Elon Musk, who is also developing X - The Everything App. X Corp. and Twitter have combined, according to court records filed on April 4 and April 10.


According to official announcements and letters sent to business partners, stockholders, and related parties, Twitter Inc. has changed its name to X Corp. In addition, X Corp will now be referred to for all contracts, bills, and other records aside from those including the tax ID number.

There is merely a change in the corporate name with regard to Twitter's takeover under parent company X Holding Corp. There has been no change in management or ownership. 
 

 

However, the social media platform will "continue to be known as Twitter." On May 18, Elon Musk will formally rebrand Twitter as X Corp in accordance with new rules and guidelines. The terms of service, privacy policy, and data processing agreement have all been updated to reflect the new name.

X Corp. is headquartered in Nevada rather than Delaware, according to a recent court filing in the United States District Court for the Southern District of Florida, Miami Division.

Elon Musk has been preparing to make Twitter into a "everything app" like China's WeChat since April 2022. On its site, Twitter already accepts payments, with fiat money taking primacy. However, he has made suggestions that Dogecoin might be added to the platform.
 

Strong rising momentum has caused Dogecoin's price to increase by 15% in the last week. Elon Musk, a proponent of Dogecoin, recently changed the Twitter logo to reflect Dogecoin, raising questions about the platform's support for DOGE payments. Following the modification of the Twitter logo, the price of DOGE climbed by 25%. The price of DOGE is currently $0.0933, up 2% over the previous day. The day's low and high are, respectively, $0.0919 and $0.0944.
 


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