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Elon Musk dust off the ‘X.com’ site: will it be a rival social network of Twitter?

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Will Elon Musk found a social network? He is talking about it in these hours, after the billionaire replied on Twitter to a comment from one of his followers. “When will you start your Twitter?” The answer is laconic, but at the same time very eloquent: “ X.com “.

With Elon Musk it is often difficult to distinguish between pranks and serious comments, and this episode is no exception. In April, Elon Musk submitted a $ 44 billion bid to buy Twitter, only to change his mind a few months later. A joke that risks costing him very dearly: the trial for the lawsuit brought to him by the social network will begin in October. Elon Musk risks being forced to buy Twitter anyway. Also for this reason, the entrepreneur recently sold 7.92 million Tesla shares, for a total of almost 7 billion dollars.

X.com is the name of one of the first companies founded by Elon Musk. The company, a sort of digital bank, later merged with PayPal , of which Musk was one of the co-founders and executives. The billionaire had repurchased the ‘X.com’ brand from PayPal in 2017.

At the time, Elon Musk explained that he had regained the ‘X.com’ domain for purely nostalgic reasons. Today the entrepreneur may have much more ambitious plans for that site. But currently the most urgent thoughts are others: for example the lawsuit against Twitter, which threatens to send him financially in ruin.

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