X Trademark: Elon Musk might stuck in legal trouble over the rebranding of Twitter. The intellectual property rights of X are already held by several companies.
In circumstances of trademark infringement, these companies can file a case on Twitter. Actually, on July 24, Musk changed the name of Twitter to 'X'.
The fight over the claim of X letter can start anytime. According to the trademark lawyer, there is a 100% chance that legal proceedings may take place on Twitter anytime. There are already about 900 US trademark registries using the X trademark.
Microsoft has owned the X trademark in video game systems since 2003. In 2019, Meta got the X letter trademarked in the software and social media fields.
On July 24, the name and logo of Twitter was changed to X. After which the design of the logo was changed on 26 July.
The Twitter user wrote, 'The X logo now looks more bold and sharp.' Musk replied, "I don't like overly thick stripes, so the logo will evolve over time."
In 1999, Elon Musk formed the banking company X.com. After some time Elon Musk sold it. In 2017, Musk bought "X.com" back again.
X has also been used in Elon Musk's company spacex. Elon Musk's new AI company is named XAI. Elon Musk has also used X in his son's name.
A distinct identity of any product is called its trademark. A trademark may also consist of a combination of name, design, color and packing.
According to the Trade Marks Act 1999, a trademark can be a word mark, a logo or a combination of both.
Trademark is an intellectual property. Which no one can use without your consent.