X Corp.
American technology company
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March 28 2025 | xAI acquired X Corp, making it a wholly owned subsidiary of the company. |
March 2025 | Company value soared back to $44 billion. |
February 2025 | X Corp. files an amended lawsuit complaint naming additional companies like Nestlé, Abbott Laboratories, Colgate-Palmolive, Lego, Pinterest, Tyson Foods, and Shell International, alleging they 'celebrated' X's underperformance. |
February 2025 | Musk was reportedly in talks for a new round of financing at a $44 billion valuation, returning to the original Twitter purchase price. |
January 1 2025 | X Corp. registered to do business in Texas under the assumed name 'X Internet Corp.' |
November 2024 | Mahmoud Reza Banki joined X Corp as its first publicly announced chief financial officer. |
September 13 2024 | X Corp moved its headquarters from San Francisco to Bastrop, Texas. |
August 2024 | X Corp. files a lawsuit against the Global Alliance for Responsible Media (GARM), accusing them of conspiring to withhold billions in advertising revenue through company boycotts. |
August 2024 | Omid Kordestani, former executive chairman of Twitter (now X Corp.), files a lawsuit in California Superior Court against X Corp., alleging Elon Musk is refusing to cash out more than $20 million worth of shares owed to him as compensation for his service. |
August 17 2024 | X Corp ceased operations in Brazil, with the X platform being blocked nationwide and later unblocked on October 8. |
July 16 2024 | Musk announced X Corp would move its headquarters from San Francisco to Austin, Texas. |
March 2024 | Four former Twitter executives file a lawsuit against X Corp., claiming Elon Musk withheld over $128 million in severance payments after their dismissal. |
March 25 2024 | District Judge Charles Breyer granted CCDH's special motion to strike X Corp.'s lawsuit, determining it was a strategic lawsuit against public participation. The judge wrote that 'This case is about punishing the Defendants for their speech'. |
2023 | X Corp. forms a strategic partnership with xAI, Musk's artificial intelligence company, to integrate Grok and Aurora AI models into the X platform. |
November 2023 | X Corp. filed a lawsuit against Media Matters, alleging the organization manipulated the platform's feed to deliberately showcase ads next to controversial content. |
November 2023 | Major advertisers including Microsoft and Apple left the platform, resulting in an estimated advertising revenue loss of around $75 million by the end of 2023. |
November 16 2023 | Media Matters for America published a report exposing X's ads being placed alongside pro-Nazi content, following Elon Musk's endorsement of an antisemitic conspiracy theory. |
October 2023 | X Social Media filed a lawsuit against X Corp. for trademark violation of the letter X. |
August 2023 | CEO Linda Yaccarino discussed her operational autonomy and the reasoning behind rebranding from Twitter to X. |
August 2023 | Company value rose to about $28.5 billion according to Fidelity Investments. |
July 2023 | Company value increased to $27 billion according to Fidelity Investments. |
July 2023 | X Corp erected a giant illuminated 'X' on the roof of its San Francisco headquarters without required permits, leading to 24 neighbor complaints and eventual removal. |
July 2023 | Elon Musk establishes X Corp. as the successor to Twitter, Inc., transforming the social media platform and creating a new corporate entity in Bastrop, Texas. |
June 5 2023 | Linda Yaccarino succeeded Musk as CEO, with Musk transitioning to executive chairman and chief technology officer. |
June 1 2023 | The Center for Countering Digital Hate (CCDH) reported that X (formerly Twitter) had failed to act on 99% of hate posts by Twitter Blue subscribers, alleging numerous hateful messages containing racist, homophobic, neo-Nazi, antisemitic, or conspiracy content. |
May 2023 | Fidelity Investments initially estimated the company's value at $15 billion. |
May 12 2023 | Musk named Linda Yaccarino as the new CEO, stating she would focus on business operations while he concentrates on product design and new technology. |
May 11 2023 | Musk announced he had found his replacement as Twitter and X Corp's CEO. |
March 9 2023 | Musk registered X Corp in Nevada and simultaneously registered the AI company X.AI Corp. |
October 27 2022 | Musk acquired Twitter for $44 billion and became its CEO. |
April 2022 | Musk filed SEC documents revealing the formation of three corporate entities in Delaware: X Corp, X Holdings, and X Holdings Corp, with plans to merge one of these with Twitter, Inc. |
This contents of the box above is based on material from the Wikipedia article X Corp., which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.