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 Storksforlegs   ( @storksforlegs@beehaw.org )  to TechnologyEnglish · 2 years ago

Elon May Have a Huge Issue Because Microsoft Owns the “X” Trademark

futurism.com

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Elon May Have a Huge Issue Because Microsoft Owns the “X” Trademark

futurism.com

 Storksforlegs   ( @storksforlegs@beehaw.org )  to TechnologyEnglish · 2 years ago
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There's another big problem with Elon Musk's Twitter rebrand: Microsoft owns the trademark to the title "X." In a word: lol.
  •  maynarkh   ( @maynarkh@feddit.nl ) 
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    2 years ago

    Yeah, but by that logic, Musk isn’t a billionaire either.

    •  knotthatone   ( @knotthatone@lemmy.one ) 
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      2 years ago

      And as a public company, Microsoft has a lot more options to leverage their equity than a private company or individual does.

    •  threetimes   ( @threetimes@beehaw.org ) 
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      2 years ago

      Musk owns stock worth billions. Stock is a liquid asset, meaning he has billions in liquid assets. The $2.6T market cap is what the public shares of MSFT are “worth.” They are owned mostly by people and orgs other than Microsoft, meaning that value is not an asset to Microsoft.

      Your comment is low-effort. Don’t do that.

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