Twitter Inc is no longer an independent company. Twitter CEO tweeted 'X' to indicate the company has been absorbed by a shell company called X Corp. A court filing confirmed the same. The court filing, which appeared on social media revealed that Twitter has become a part of a company called X Corp. 

“Twitter Inc. has been merged into X Corp. and no longer exists. X Corp. is a privately held corporation, incorporated in Nevada, and with its principal place of business in San Francisco, California,” read the document. The merger happened on March 15. Elon Musk also owns the domain X.com, a payments company he founded, which he merged with PayPal.

The merger could be viewed as a step towards Musk's ambitions for an "everything app" similar to China's WeChat. Musk, who acquired the company last year for $44 billion, laid off a lot of the staff. The court filing is a response to a 2019 lawsuit filed by Laura Loomer. Loomer had filed a case against Twitter and its former CEO Jack Dorsey for allegedly violating her free speech rights. 

Musk in October 2022, when he acquired Twitter, had made it clear that the social media platform would help create X, the everything app. It isn't clear if Tesla and Space X would also eventually become a part of X Corp.