Elon Musk’s social media company is no longer its own entity, according to a California court document dated April 4 in a lawsuit filed against former Twitter CEO Jack Dorsey and Meta CEO Mark Zuckerberg, among others. (Bloomberg, The Logic)

Talking point: Twitter CEO Elon Musk set up three companies last spring with variations of the name “X Holdings” in Delaware. In October, Musk tweeted “Buying Twitter is an accelerant to creating X, the everything app,” around the same time he bought Twitter. X Corp. is a privately held shell company formed last month of which Musk is listed as president, secretary, treasurer and director, according to state filings. The billionaire has previously expressed that he wanted the “everything app” to resemble China’s WeChat. Musk has made sweeping changes to the social media platform since his takeover, but it is still unclear how the merger will affect it.