Elon Musk further teased his ambition to turn Twitter into an 'everything app' with a cryptic tweet a week after the company merged into X Corp
- Elon Musk simply tweeted "X" a week after Twitter Inc merged into his X Corp Holdings.
- His affinity for the letter began in the '90s with "X.com" – a domain he repurchased from PayPal in 2017.
Elon Musk further hinted at his ambitions to turn Twitter into his long-discussed "everything app" with a single-letter tweet on Monday night: "X."
"Buying Twitter is an accelerant to creating X, the everything app," the billionaire tweeted three weeks before his acquisition went through last October.
The Twitter chief developed an affinity for the letter back in the 1990s, founding the company "X.com" which later became PayPal. Musk then repurchased the domain name in 2017, and now appears to be starting to put together his new scheme.
That seems to include a payment service, as Twitter applied for regulatory licenses after his takeover, per the Financial Times. He previously suggested he could be inspired by the Chinese app WeChat, which includes banking, ride-sharing services, and video chatting.
"It does everything — sort of like Twitter, plus PayPal, plus a whole bunch of things, and all rolled into one, with a great interface," he said. "It's really an excellent app, and we don't have anything like that outside of China."
Musk's latest tweet comes a week after "X" became the parent company of Twitter, according to a corporate disclosure statement filed as part of a lawsuit over suspended accounts in Florida. "Twitter, Inc. has been merged into X Corp. and no longer exists," the filing says.
A trio of "X Holdings" companies were first created last April to fund Musk's purchase of Twitter, per Bloomberg. In 2020, he said one Tesla investor's suggestion that he form the "X" holding company for his several ventures was a "good idea."
"X's mission is to ensure human survival and progress," the original tweeter had said.
For now, it looks like little has changed beyond the name on some corporate filings, but such an "everything app" could fulfil Musk's reported vision of a "clear but difficult path" to a $250 billion valuation for Twitter.
Insider contacted Twitter for comment. The company responded with an automated message that didn't address the inquiry.