The news is following and covering the possible purchase of Twitter by Elon Musk. Between comings and goings of the agreement, currently the entrepreneur sold shares of Tesla for a value approximately US$ 7 billion, around R$ 35.5 billion, in order to pay for the purchase of the platform. Musk revealed that he also has an ace up his sleeve.
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Apparently he can create his own social network if the purchase is not completed.
New platform on the way
In an informal response to a question asked on Twitter, where Musk was asked what he would do if his plans did not materialize, the billionaire responded only with “x.com”. When accessed, the site displays a completely white screen with an “x” in the upper left corner. It is speculated that this could be the name of the competitor created by Musk.
According to information from the Yahoo! Finance, the billionaire bought PayPal’s “x.com” domain – where he was CEO of the company in 2017 – in 1999 when it was in the form of an online bank. This was before the domain was bundled with PayPal the following year. After 17 years, Elon pointed out that the brand had sentimental value and that it could serve as something for new investments in the future.
Over time, Musk announced in April 2022 that he would buy the social network. This situation lasted until July, when he revealed that he had given up on acquiring the platform, so they went on to fight in court. Individually, each of the parties in favor of their rights in the purchase negotiations.
Currently, everything remains in the judicial sphere. On the last day 9, the head of Tesla sold more shares of the company, raising another $ 6.9 billion. There is no information on what situation the negotiations are in or if Musk really gave up buying Twitter and will launch a new social network. However, x.com remains active and without displaying any information.
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