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Facts Of X.Com: Things You Must About Twitter New Link

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Facts about X.com

The billionaire Elon Musk announced that Twitter will soon be rebranded into X (x.com). Following his announcement on 24 July 2023, the iconic Blue Bird logo was changed to X. He also mentioned that now X.com will redirect users to Twitter. More facts about X.com are as follows.

Facts about X.com

Facts Of X.Com

X.com was originally founded by Elon Musk in 1999. It was an online bank and one of the first of its kind. In 2000, X.com acquired Confinity, another online payment company that was the creator of PayPal, a payment system that allowed for peer-to-peer transfers.

  • Later in 2001, X.com changed its name to PayPal, as it shifted its focus from banking services to the PayPal platform. This was due to the growing popularity and success of the PayPal service.
  • PayPal was subsequently acquired by eBay in 2002 for $1.5 billion. For many years, it served as eBay’s primary payment platform.
  • In 2015, eBay spun off PayPal into a separate publicly traded company.
    In 2017, Musk announced that he had re-acquired the X.com domain from PayPal for personal purposes, but he didn’t disclose any specific plans for it.
  • The current status (use) of X.com is, the link is redirecting the users to Twitter.

FAQ

What is X Com now?

Elon Musk has announced that X.com will now direct to Twitter.com. The log for Twitter has changed to X. On Twitter Musk said “Not sure what subtle clues gave it way, but I like the letter x.

Is X Com a Website?

X.com served as one of the first online banking sites from December 1999 to October 2001, when Elon Musk decided to shut down its operations.

When did Elon Musk Make X Com?

In late 1999, Elon Musk founded X.com as an online financial services and e-mail payment company.

How Much Did Elon Musk Invest in X Com

The startup was acquired by Compaq for 307 Million dollars in 1999. In the same year, he co-founded X.com. But in 2000 it merged with Confinity to form PayPal.

What Website Did Elon Musk Make?

In 1999 Zip2 was bought by the computer manufacturer Compaq for 307 million dollars. Then Elon Musk founded an online financial services company called X.com, and in 2000, it became PayPal.

A Mechanical Engineer by education but a content writer by passion. He has been in the field of Content Writing and Marketing for six years. He loves to write in a wide range of genres. Contact me at [email protected]

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