Which company did Elon Musk acquire in 2022 and rename X?
Answer
Elon Musk acquired Twitter in 2022 and later renamed it X.
Musk agreed to purchase Twitter for $44 billion in April 2022. After a legal dispute and changes in his position, the transaction was completed on October 27, 2022.
Following the acquisition, Twitter’s corporate structure was reorganized. Twitter, Inc. was merged into X Corp., and the platform’s branding gradually changed from Twitter to X in 2023.
The letter X had appeared in several of Musk’s earlier businesses, including X.com, the online financial-services company he co-founded in 1999. The rebranding therefore connected the social-media service with a recurring element of Musk’s business identity.