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In 2023, after acquiring Twitter Inc. for a staggering $44 billion, entrepreneur Elon Musk birthed a reimagined entity known as X Holdings Corp. Within this corporate structure, X Corp emerged as an integral subsidiary. Following this acquisition, Musk swiftly reshaped the company’s structure, doing away with Twitter’s board and privatizing the firm.

Having its base in San Francisco, California, X Corp’s primary product is the renowned social media platform Twitter. Musk’s vision for this platform is a beacon of unfiltered expression and transparency. In line with this vision, Musk took decisive steps, including the departure of several Twitter leaders, including then-CEO Parag Agrawal. Furthermore, approximately half of the workforce was streamlined.

Significant transformations were soon witnessed on Twitter under the X Corp umbrella. One notable change was the revamped verification process, where users could purchase a verified badge. However, this move inadvertently spurred the creation of counterfeit profiles, prompting Musk to temporarily halt this feature’s expansion.

X Corp’s plans include:

• Refining Twitter’s content algorithms.
• Emphasizing relevance over user interaction.
• Launching tier-based subscriptions.
• Incorporating extended tweet capabilities and payment options.

There’s also talk of an all-inclusive application, tentatively named “X,” utilizing Twitter’s vast data resources.

While Musk’s initiatives have sparked diverse opinions, he firmly believes that these alterations will sculpt Twitter into the most trustworthy and open social platform, fully embracing the boundaries of legal free speech. Time will tell if X Corp’s ambitious plans can respect Twitter’s legacy and usher in revolutionary products.