Twitter Inc no longer exists, its a part of X Corp now

An official statement under the letterhead of a United States District Court mentions that Twitter Inc has been merged into X Corp, a privately held corporation, and Twitter Inc no longer exists.

Twitter is now merging with X Corp, it is no longer Twitter Inc.

During the several public interactions between Elon Musk and Twitter users that led up to the acquisition, Musk had maintained that the end goal of the acquisition would be pacing the development of the everything app 'X', and according to court documents for an Amended Disclosure Statement, the merger of Twitter Inc and X Corp has concluded.

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The objective of everything app 'X' is o create an all-encompassing financial experience. Musk is also a Co-Founder of PayPal, a multinational financial technology company facilitating an online payments system. He envisions a convenient payment that enables the transfer of money from one Twitter account to another. This is one of the facilities that the everything app aims to include.

Its core proposition is defined as 'Address the reasons you're using any other app and solve them on Twitter'. Early features of X.com the online bank were customers being able to send money to another person by entering their email address into X.com, these distinct features differentiate itself from the current digital payment facilitators, and more of such integrations could now also be expected on Twitter.