Twitter, Inc. has been renamed
The email signs off as “X Corp. , reinforcing the change, which the company first formally indicated in an April 4 court filingThe company’s terms of service now list X Corp. as the firm’s official name, though it’s unclear when this change was made.Part of Twitter’s corporate reshuffling was moving its incorporation from Delaware to Nevada.
Musk may have made this state shift because he “thinks that [Nevada] corporate law is more flexible” than in Delaware, University of Richmond law professor Carl Tobias toldTobias pointed to Musk’s decision to resolve the 2022 lawsuit from Twitter brass before heading to Delaware court as possible evidence he’s wary of Delaware’s streamlined corporate law system, instead preferring Nevada’s tendency to be less resolution-happy in corporate disputes.
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