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InsideEVs

Technology

Steven Loveday

Twitter Will Merge With Elon Musk's "X Holdings" By Oct. 24, 2022

Elon Musk Twitter Inc. Tesla Inc. PayPal SEC XCOM

Tesla and SpaceX CEO Elon Musk finalized the terms of the $44 billion Twitter deal yesterday, Tuesday, April 26, 2022. The social media outlet will officially merge with two of Musk's companies coined "X Holdings."

As we previously mentioned, Musk created three holding companies just last week out of Delaware, naming them all some variation of "X Holdings." One of the companies will become the official parent company for Twitter as long as everything moves forward as planned.

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