Current:Home > MarketsA brief biography of 'X,' the letter that Elon Musk has plastered everywhere -Global Capital Summit
A brief biography of 'X,' the letter that Elon Musk has plastered everywhere
View
Date:2025-04-14 16:58:51
Elon Musk has finally done it: turned Twitter to X.
While the unveiling of X on a Sunday caught many people unaware, it was not a surprise.
The platform's owner has talked about turning it into "X" for months, while being a bit vague about what that exactly means. Does X represent a major business experiment? A radical new concept for on-line living? Or is it simply one man's obsession with the 24th letter of the alphabet?
Probably it's all of the above.
"X," Musk tweeted in April.
A few days earlier a filing in a federal court case in California confirmed that Twitter had been folded into X Corp.
In announcing the company's new CEO, Linda Yaccarino, this May, Musk wrote on then-Twitter: "Looking forward to working with Linda to transform this platform into X, the everything app."
Yaccarino seems keen to do exactly that, posting on Sunday that "X will be the platform that can deliver, well....everything."
In some ways, the letter "X" frames everything about Musk's ambitions, according to biographers, from where he is headed to where he got his entrepreneurial start.
X.com, the bank where it began
According to Ashlee Vance, the author of Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, Musk's obsession with the letter X began with one of the billionaire's earliest ventures, X.com, which later merged with a competitor to become PayPal.
"Everyone tried to talk him out of naming the company that back then because of the sexual innuendos, but he really liked it and stuck with it," said Vance.
In 2017, Musk repurchased the url "X.com" from PayPal, tweeting that the domain "has great sentimental value."
X, the Tesla model
"X marks the spot in a lot of ways for Elon Musk," said Tim Higgins, a Wall Street Journal reporter and the author of Power Play: Tesla, Elon Musk, and the Bet of the Century. "It's kind of this common theme throughout."
The letter X became the name of Tesla's third model, which debuted in 2015.
"The idea being that the Tesla models would spell out the word 'sexy,'" Higgins said. But Ford owns the right to the Model E, which is why Musk later settled on the Model 3, "kind of a backwards E," he said.
X, the first letter of his youngest son's name
In 2020, Musk and his then-partner, Grimes, welcomed a son via surrogate, naming him X Æ A-12 Musk. (Æ is pronounced "ash," Musk told controversial podcast host Joe Rogan.)
The couple named their second child, a girl, Exa Dark Sideræl Musk. (It's now been changed to "Y.")
X, the everything app
But lately, "X" has referred to Musk's newest ambition, building an "everything app" akin to China's popular WeChat, which doesn't yet have a U.S.-parallel.
"He wants to create an app similar to how WeChat is used in China, where it's part of the fabric of day-to-day life. You use it to communicate, to consume news, to buy things, to pay your rent, to book appointments with your doctor and even to pay fines," said Vance.
Vance says following the WeChat model makes sense with what Musk wants for Twitter. "The company clearly needs a new, bigger business if it's to make the type of money that would justify his investment and satisfy his ambition," he said.
Weeks before he shelled out $44 billion to acquire Twitter in October, Musk tweeted, "Buying Twitter is an accelerant to creating X, the everything app."
X...?
But Musk's obsession with the letter X is still something of a mystery even to his biographers, like Higgins.
"Whether it's kind of mysterious, like something pulled from a comic book, or 'X marks the spot,' it's hard to know with him," Higgins said. "It also just kind of sounds cool."
This story was updated on July 24, 2023, by Lisa Lambert.
veryGood! (4)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Current, future North Carolina governor’s challenge of power
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- The Super Bowl could end in a 'three
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- New data highlights 'achievement gap' for students in the US
- Louvre will undergo expansion and restoration project, Macron says
- Could your smelly farts help science?
Ranking
- Average rate on 30
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Military service academies see drop in reported sexual assaults after alarming surge
- Bodycam footage shows high
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Stamford Road collision sends motorcyclist flying; driver arrested
Trump issues order to ban transgender troops from serving openly in the military
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Louvre will undergo expansion and restoration project, Macron says
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
A White House order claims to end 'censorship.' What does that mean?