Twitter Officially Rebrands to X
(Originally posted on : Crypto News – iGaming.org )
The well-known social media site Twitter has undergone a significant rebranding and is now known as X, which has been anticipated for months. Elon Musk, the former CEO, has already teased about this action, thus it was not unexpected. With this revamp, Twitter said goodbye to its well-known bird emblem and adopted an understated yet powerful X as its new logo. Additionally, the color palette has changed, moving from blue to a striking black.
It’s intriguing that Musk’s 1999 financial services business, which was eventually acquired by PayPal, was associated with the domain name x.com, which has historical importance. One of the stepping stones that eventually led to the development of Musk’s successful businesses like Tesla and SpaceX was the early online bank X.com, which was essential in his path.
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Twitter is now ‘X’
The titles of some of Elon Musk’s commercial ventures, such as SpaceX and Tesla automobiles, reflect his love of the letter X. As Musk formed X Corp. as the parent company in March, opening the door for Twitter’s metamorphosis, this interest with X served as inspiration for the rebranding of the social media platform.
The transformation of Twitter into X is in line with Musk’s lofty goal of building a “super app” that integrates a variety of features. Twitter unveiled a new feature in April that gave users immediate access to the cryptocurrency market and other financial services from within the app. This move was an early indication of Musk’s intention to steer Twitter towards a more versatile and comprehensive platform.
Musk highlighted in a recent interview that the goal of the rebranding was to develop a “everything app,” a notion that is well-liked in China. Chinese social media behemoths like WeChat work as a one-stop shop for bill payments, transportation bookings, restaurant reservations, text and video conversations, and other financial transactions without requiring users to leave the app. If done right, according to Elon Musk, X could eventually become “half of the global financial system” and establish itself as a major platform for data, banking, payments, and finance.
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Despite Musk’s expansive ambition, people’ reactions to Twitter’s renaming as X were conflicted. Although some people welcomed the transition to a more complete platform, others voiced their connection to the well-known blue bird brand and indicated reluctance to accept a novel idea.
Only time will tell if Musk’s ambitious plan for X will come true and turn into the “everything app” he imagines, or if users will finally accept the shift and completely embrace the metamorphosis of this well-known social media platform.