{"id":55095,"date":"2023-07-24T06:20:06","date_gmt":"2023-07-24T10:20:06","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=55095"},"modified":"2023-07-24T06:20:25","modified_gmt":"2023-07-24T10:20:25","slug":"elon-musk-rebrands-twitter-platform-to-x","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/elon-musk-rebrands-twitter-platform-to-x\/","title":{"rendered":"Elon Musk Rebrands Twitter Platform to X"},"content":{"rendered":"\n

Elon Musk has officially rebranded the social media platform <\/a>Twitter to X. The rebranding saw the platform substitute its recognizable bird logo with a simple X. <\/p>\n\n\n\n

\"Elon
Elon Musk Rebrands Twitter Platform to X<\/figcaption><\/figure>\n\n\n\n

As part of the rebranding, Twitter's URL has been changed to “x.com.” the domain name associated with Musk's 1999-founded financial services startup that was sold to PayPal now redirects to Twitter.<\/p>\n\n\n\n

\n

https:\/\/t.co\/bOUOek5Cvy\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> now points to https:\/\/t.co\/AYBszklpkE<\/use><\/svg><\/span><\/a>.

Interim X logo goes live later today.<\/p>— Elon Musk (@elonmusk) July 23, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

X.com was an early online bank initially financed by Elon Musk and Greg Kouri, who funded Musk's subsequent ventures, Tesla and SpaceX<\/use><\/svg><\/span><\/a>.<\/p>\n\n\n\n

Musk's relationship with the brand moniker ‘X' dates back to 1999, when he founded the company. However, it could not become a stand-alone company and eventually merged with Paypal.<\/p>\n\n\n\n

Musk used the letter X in the name of his space company, SpaceX, and several Tesla automobile models. The rebranding of Twitter signifies that, after three decades, the character is finally becoming an independent brand.<\/p>\n\n\n\n

Musk established X Corp as Twitter's parent company in March of this year, paving the way for Twitter's rebranding. The rebranding is part of Musk's plan to create a “super app” with multiple features, including financial services<\/a>, on the social media platform.<\/p>\n\n\n\n

Twitter introduced a new feature in April that allowed app users to access the cryptocurrency market and other financial market services from within the app.<\/p>\n\n\n\n

Musk's tenure as CEO of Twitter was controversial from the beginning. However, his intentions to convert Twitter into a financial platform had been in the works well before the takeover.<\/p>\n\n\n\n

Musk reiterated in a recent interview that the primary motivation behind X's rebranding was to create an “everything app,” a popular concept in China.<\/p>\n\n\n\n

Social media applications in China, such as WeChat, are not only used for text and video conversations but also for bill payments, cab and restaurant reservations, and other financial transactions.<\/p>\n\n\n\n

Musk stated that, if executed properly, X could become a popular platform for finance: banking, payments, and data, and over time, “half of the global financial system<\/a>.”<\/p>\n\n\n\n

\n

X is finally arriving! \ud83d\udd25

X will be an "everything app" i.e. super app for U.S. (like WeChat of China)

\u2022 Social: network, msgs, video, content
\u2022 Finance: banking, payments, data

"Overtime it would be HALF of global financial system" – Elon Muskpic.twitter.com\/wWywAdYRZR<\/use><\/svg><\/span><\/a><\/p>— Brandon Hoffman (@BrandonHoffman_) July 14, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

Twitter's rebranding received little support from the application's users, who believe that abandoning the two-decade-long legacy for a new concept is not a good idea.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk has officially rebranded the social media platform Twitter to X. The rebranding saw the platform substitute its recognizable bird logo with a simple X. As part of the rebranding, Twitter’s URL has been changed to “x.com.” the domain name associated with Musk’s 1999-founded financial services startup that was sold to PayPal now redirects […]<\/p>\n","protected":false},"author":12,"featured_media":55107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5603,2242,482,15429],"class_list":["post-55095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-elon-musk-2","tag-social-media","tag-twitter","tag-x-corp"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/07\/image-35.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/55095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=55095"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/55095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/55107"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=55095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=55095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=55095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}