Elon Musk
| Elon Musk | |
| Known for | Co-founded X.com Purchased Twitter for $44 billion USD |
|---|---|
| Birth | |
| Death | |
Elon Musk is a businessman.
X.com
Musk co-founded the online bank X.com in 1999, which merged with Cofinity in 2000 and was renamed Paypal in 2001.
Twitter acquisition
Twitter, Inc. was purchased by Elon Musk on October 27, 2022. Musk fired the top three executives immediately after the purchase and fired approximately half of the company's nearly 7,500 employees the next week.
On November 9, 2022, Musk launched a reorganized Twitter Blue on iOS, giving a checkmark to anyone who paid $8 USD for the subscription. Immediately after the service went live, accounts began abusing the system by impersonating companies and celebrities.
Twitter was merged with a newly founded X Corp. on March 9, 2023. The resulting company retained the name X Corp. Musk's X.com domain was redirected to Twitter on July 23, 2023.
