Elon Musk buying another ‘X’? What US Steel ticker reveals about potential bid
Elon Musk might bid for the US steel as well. But there is no confirmation yet. U.S.
Steel trades under the ticker "X," joining iconic brands like Ford ("F"), AT&T ("T"), Citigroup ("C"), and Visa ("V"). Now we are all aware about Musk's fondness for the letter X. Last year he declared, “Buying Twitter is an accelerant to creating X, the everything app." And last month, a federal filing revealed Twitter's merger into "X Corp," aligning with Musk's SpaceX and his child's unique name, X Æ A-Xii.
Musk's historical association with X.com, originally his vision for the first "everything bank," later merged into PayPal. His drive for "X" branding even led to his ousting as PayPal CEO. The allure of "X" remains a constant motif.
It’s clear Musk doesn’t like others dictating what he can and can’t do with his favorite letters. Would he therefore purchase U.S. Steel to control “X" on the New York Stock Exchange, perhaps one day offering a publicly traded vessel that he could Frankenstein into an “everything" conglomerate that manufactures S, 3, X, and Y vehicles, fires big rockets into space, puts satellites in orbit, and bores tunnels underground?, a Fast Company article cited.
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