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The popular social media platform Twitter officially rebranded to X after months of teasing by its former CEO, Elon Musk. The rebranding saw the popular social media app ditch its recognizable bird logo and replace it with a simple X. The rebranding also saw the social media app change its color scheme from blue to black.<\/p>\n
As part of the rebranding, Twitter\u2019s URL was changed to x.com, a domain name linked to Musk\u2019s 1999 financial services startup, which was sold to PayPal.<\/p>\n
\nhttps:\/\/t.co\/bOUOek5Cvy<\/a> now points to https:\/\/t.co\/AYBszklpkE<\/a>. <\/p>\n
Interim X logo goes live later today.<\/p>\n
\u2014 Elon Musk (@elonmusk) July 23, 2023<\/a><\/p><\/blockquote>\n
X.com was an early online bank, and the company was initially funded by Musk and Greg Kouri, who went on to fund Musk\u2019s later ventures, Tesla and SpaceX.<\/p>\n
Musk uses the letter X in several of his business interests, including SpaceX and Tesla car models.<\/p>\n
Musk established X Corp. in March<\/a>\u00a0as the parent company of Twitter, making way for Twitter\u2019s rebranding. The rebranding is part of Musk\u2019s vision to create a \u201csuper app\u201d with multiple functionalities. In April, Twitter introduced a new feature that allowed app users to access the crypto market<\/a> and other financial market services from within the app.<\/p>\n
Musk\u2019s tenure as the head of Twitter<\/a> was controversial from the start. However, his plans to transform Twitter began long before the takeover. <\/p>\n
In a recent interview, Musk reiterated that the main motive behind rebranding to X was to create an \u201ceverything app,\u201d a concept popular in China. Chinese social media applications, such as WeChat, are used for text and video calls, and have provisions to pay bills, book cabs, book restaurants and other financial activities without leaving the app.<\/p>\n
Musk said if done correctly, X could become a popular platform for finance, banking, payments and data, and over time it has the potential to become \u201chalf of the global financial system.”<\/p>\n
\nX is finally arriving! <\/p>\n
X will be an “everything app” i.e. super app for U.S. (like WeChat of China)<\/p>\n
\u2022 Social: network, msgs, video, content
\u2022 Finance: banking, payments, data<\/p>\n“Overtime it would be HALF of global financial system” – Elon Muskpic.twitter.com\/wWywAdYRZR<\/a><\/p>\n
\u2014 Brandon Hoffman (@BrandonHoffman_) July 14, 2023<\/a><\/p><\/blockquote>\n
However, The rebranding of Twitter didn\u2019t prompt much support<\/a> from many users who believed ditching the famous blue bird for a new concept was not a good idea.<\/p>\n<\/div>\n