The X.com domain can become the basis for the future social network. Elon Musk hinted at this on Twitter, responding to a group of Tesla owners in Silicon Valley. When asked by the group if he plans to start his own social network if he can’t buy Twitter, Musk responded shortly: X.com.
X.com is an online bank founded by Musk back in 1999. This is one of his first ventures, which later merged with PayPal. In 2017, Musk bought the X.com domain from PayPal, explaining that it had “sentimental value” for him.
— Elon Musk (@elonmusk) August 10, 2022
However, it appears that the billionaire is preparing X.com for potential competition with Twitter. The announcement came at a time when he had to sell Tesla shares for another $6.9 billion. Musk previously said he would not sell any more shares, but now he is reportedly preparing to fulfill his commitment to buy Twitter for $44 billion.
We remind you that the trial between Elon Musk and Twitter has to take place in October. It should determine whether the billionaire should buy the social network.