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Elon Musk hints at own social network

Elon Musk is apparently still toying with the idea of launching his own social network. In the meantime, the tech visionary has even come up with a suitable name. In reference to his aerospace company SpaceX, the network will probably be accessible via X.com. Digging into Elon Musk’s past, however, it becomes clear that the origin of the domain is quite different.

Elon Musk wants to use former domain of PayPal

Elon Musk is mostly known as a patron of electric mobility these days. But what many forget is that the company was able to gain a foothold in the tech sector in the 90s with a completely different project. In 1999, for example, he was one of several IT experts to found the online payment service PayPal, which was originally called X.com. Experts speculate that Musk alone is said to have reaped a three-digit million sum from the sale of the company. Consequently, PayPal is the foundation of the tech entrepreneur’s current success. The importance of PayPal today was recently made clear by a temporary block in Indonesia. In 2017, Elon Musk made public that he bought back the domain X.com from PayPal.

Which background the purchase had, one could only speculate. Musk himself stated that he was personally attached to the domain because he associated many memories with it. Now, however, it could become much more important. It is possible that the currently richest person in the world could start his own social network under X.com. The reason for this could be the disastrous soap opera that Elon Musk has been conducting for a few months around the purchase of Twitter. The Tesla CEO announced in July that this deal had fallen through. After users now openly approached him on Twitter about simply launching his own network, Musk posted only the domain in question.

Twitter trial in October

It is certainly not too far-fetched that Elon Musk will launch his own social network. After all, the tech visionary has been complaining for many months that he cannot freely express his opinions on platforms like Twitter. But ironically, it is precisely the short message service that could put a stop to his plans. Thus, Twitter has unceremoniously filed a lawsuit due to Musk’s sudden purchase resignation. Now, at the corresponding trial, which is to take place in October of this year, at least a hefty fine is threatened. If the judge fully agrees with Twitter, Musk would even have to stick to his original intention to buy Twitter.

Simon Lüthje

I am co-founder of this blog and am very interested in everything that has to do with technology, but I also like to play games. I was born in Hamburg, but now I live in Bad Segeberg.

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Elon Musk is apparently still toying with the idea of launching his own social network. In the meantime, the tech visionary has even come up with a suitable name. In reference to his aerospace company SpaceX, the network will probably be accessible via X.com. Digging into Elon Musk’s past, however, it becomes clear that the … (Weiterlesen...)

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