Focus on the BIG picture.

Elon Musk Rebrands Twitter as 'X', Echoing his Dot-Com Era Legacy

Return to Origins as Musk Reinvigorates Social Media Platform with a Nod to his Groundbreaking Online Payment Company

In 1999, during the pinnacle of the dot-com boom, visionary entrepreneur Elon Musk founded, an online payment company that sought to radically transform digital transactions. Despite facing several challenges, including the notorious dot-com bubble burst, flourished and in 2000 merged with Confinity, emerging with a new identity – PayPal.

Under the dynamic leadership of Musk, PayPal rapidly ascended to the top ranks of online payment platforms. Its growth was bolstered particularly by the eBay user community, further fostering its global expansion and solidifying PayPal's position as a frontrunner in the digital payment ecosystem.

In October 2002, a mere two years after the rebranding, eBay acquired PayPal in a strategic deal worth $1.5 billion in stock. This resulted in Musk pocketing approximately $165 million. The acquisition served as a masterstroke for eBay as the integration of PayPal enhanced user experience on their platform, given its widespread popularity among online buyers and sellers.

After fifteen years, in 2017, Musk repurchased the domain from PayPal for an undisclosed amount. In a tweet, Musk revealed that his motivation for the acquisition was rooted in the domain's "great sentimental value."

Fast forward to today, July 24, 2023, and Musk has resurrected the iconic "X" brand. In a major shift, Musk rebranded Twitter, the social media giant he acquired in October 2022, to "X". This marks a significant transformation in the platform's identity and symbolizes a return to Musk's digital roots, evoking a sense of nostalgia for the dot-com era where it all began.
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Greek PM offers tourists affected by wildfires a free stay in Rhodes next year.
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
How “peacekeepers” at the UN spend our American tax dollars.
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
Pelosi Admits: they impeached Trump only once he try to expose Biden’s corruption
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to
The future of sport
'I just lost it' Lowe’s worker fired after 13 years of employment for confronting thieves trying to steal $2K of merchandise