Tesla CEO Elon Musk has unveiled his X.Com, a domain he says he bought for sentimental reasons.
Excited to announce the launch of https://t.co/J6TuRWIQAA! It's a little verbose right now, but that will be fixed tomorrow.
— Elon Musk (@elonmusk) July 14, 2017
The website right now contains just a few lines of code, and the website is just a white page with a single “X” on it, reminiscent of a “Hello World” page for those first learning HTML.
Musk tweeted in the wee hours of the morning that the website would be “better tomorrow,” so there could be more developments ahead.
I told you it was verbose. Better tomorrow 🙂
— Elon Musk (@elonmusk) July 14, 2017
We reported Tuesday that Musk had regained the rights to X.com, which he announced in a Tweet Monday night. Musk founded X in 1999, which was renamed PayPal in 2001.
Thanks PayPal for allowing me to buy back https://t.co/bOUOejO16Y! No plans right now, but it has great sentimental value to me.
— Elon Musk (@elonmusk) July 11, 2017
Musk previously owned the domain name in 1999 when it was a online banking services company that he founded. The domain was later acquired by PayPal, and has remained as such until last week, July 5, when ownership of X.com transferred.
Blogger Elliot Silver noted that the Whois information on who owned the domain went private on July 5, leading people to believe that PayPal sold the domain name, a speculation that Musk has now confirmed is true.
According to Silver, Director of Corporate Communications at PayPal, confirmed that the company sold the domain name. “We are delighted to sell the domain x.com back to its previous owner, Elon Musk,” Amanda told Silver in an email.
While the exact pricing of the X.com has not been revealed, Musk had to have spent a pretty penny on it since single letter domain names are valuable. Silver points out that a comparable sale, Z.com, sold for nearly $6.8 million in 2014.
Musk has not revealed what he has planned for his latest acquisition, but a Tweet from the CEO himself indicates that it could be used as a one-stop destination for all of his companies.
That's probably the best use
— Elon Musk (@elonmusk) July 11, 2017
Holding Tesla, Tesla Energy, SpaceX, The Boring Company, OpenAI and Neuralink in one spot would be a good way for the companies to be managed under a centralized resource, and makes more sense than dropping at least seven figures for the sake of nostalgia.
We’ll keep you updated on what the mysterious CEO has in store for his latest acquisition.
