2023-08-01 10:13:55
A week ago, Elon Musk renamed Twitter “X”, a mathematical symbol that he likes and which can be found in particular in SpaceX, one of his companies, and the first name of one of his children, a boy named ” X Æ A-XII”, or “X” of its diminutive. The owner of the social network wants to transform it into a platform to do everything, on the model of WeChat in China. “X is the future state of limitless interactivity – centered around audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services and opportunities,” said explained the company’s new general manager, Linda Yaccarino.
Read also: From Twitter to X, last-ditch diversification or demolition?
«Belle San Francisco»
But the billionaire encountered several obstacles with the city of San Francisco, which already intervened last week when workers removed the letters from the original sign on the edge of the building. “Many people have made us attractive proposals to move the headquarters of X out of San Francisco, especially since the city is engaged in a tragic spiral where the departures of companies follow one another”, declared Elon Musk on the network social Saturday. But “we will not leave,” he promised. His profile features a photo of the illuminated X on the roof. “San Francisco, beautiful San Francisco, others are abandoning you, but we will always be your friends,” he continued.
Several former Twitter employees have filed lawsuits once morest the entrepreneur. According to one of these complaints, filed in May, Elon Musk claimed that he would have to be “passed over his body” to pay the rent for the company’s headquarters. Also according to this document, his lawyer Alex Spiro said that the owners of the premises might not expect to receive rent when San Francisco is a “shitty city”.
At the end of 2021, Elon Musk moved the headquarters of his flagship, Tesla, to Texas, a state with flexible taxation and a lower cost of living. He had clashed with California authorities over the mandatory plant shutdown at the start of the pandemic. Last winter, Alex Spiro’s team tried to move a fraud trial once morest his client from San Francisco to Texas, ensuring that an impartial jury might not be constituted in the Democratic city.
Also read: Twitter lost almost half of its ad revenue
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