Summary
In 2006, a little-known startup called Twitter burst onto the tech scene.
As of 2023, the site has over 450 million monthly active users.
The people who started Twitter are no longer running X.
Image Credit: Ryan Lash - TED Conference/Flickr
So, who is behind it now, and how did it become the behemoth it is today?
Let’s take a look at a brief history of this social media powerhouse.
Who Owns Twitter (X) Now?
Image Credit: Ryan Lash - TED Conference/Flickr
Twitter is owned by Elon Musk, the CEO and founder of Tesla.
Who Owned Twitter Before Elon Musk?
Twitter was a publicly traded company, meaning that it was owned by a variety of shareholders.
How Did Twitter Get Started?
Within a few months, Twitter had amassed a small but dedicated following of early adopters.
In the years since going public, Twitter continued to grow.
Twitter has also been a leader in developing new features, such as hashtags and live-streaming videos.
Musk’s early leadership of the company was tumultuous as he immediately started making big changes.
Musk also initiated massive layoffs.
In May 2023,Musk named his replacement for the position of Twitter CEO.
Musk transitioned to CTO and Executive Chairthough little seems to have changed in terms of Musk’s involvement.
X’s leadership shakeups are reflective of the challenges that the company has faced in recent years.
