Court documents confirm that Twitter is already a company under X Corp.

In a previous internal letter, it was revealed that Twitter had become a subsidiary of Elon Musk’s unlisted company, X Corp. Recently, court documents have confirmed that Twitter was indeed merged into X Corp.

Currently, no company or holding institution possesses more than a 10% stake in X Corp, which Elon Musk initially established for the purpose of acquiring Twitter. To this day, X Corp has not gone public, aligning with Musk’s statement during the acquisition that he would take Twitter private to prevent share prices and investors from influencing corporate decisions.

However, in a recent interview with the BBC, Elon Musk admitted that the purchase of Twitter was somewhat compelled, while also emphasizing that the level of regret remains high. He did not rule out the possibility of selling Twitter again if someone was willing to take over, but he still believes that acquiring Twitter was the right decision.

Musk emphasized that Twitter is currently functioning well, experiencing increased usage, and maintaining smooth operations. His own workload has been rather extensive recently, even sleeping in his office, which seems to echo his previous demand for Twitter employees to increase their workload to ensure the platform continues operating normally.