Elon Musk, the owner of Twitter, has announced plans to replace the bird logo currently on the social media platform with an “X” logo and has redirected the website address X.com to Twitter.com. Earlier this year, Musk changed the name of Twitter Inc. to X Corp. Musk has stated that Twitter will be moving away from the brand it’s known for, getting rid of “all the birds”. The interim X logo was expected to go live on July 23, 2023. The CEO of X, Linda Yaccarino, has stated that X will transform the global town square and go further than Twitter did 1.
X.com was an online bank co-founded by Elon Musk in 1999. In 2000, X.com merged with competitor Confinity Inc., a software company also based in Palo Alto. The merged company changed its name to PayPal. eBay bought PayPal for US$1.5 billion in 2002. In 2015, PayPal was spun off and became an independent company. As of July 23, 2023, the website redirects to Twitter after Musk decided to rebrand the social networking service as X following his acquisition 2.
Footnotes
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