According to X News Daily, X has formed a new handle team that has begun to establish a handle market for purchasing account names that were originally registered but are now idle. X has invited potential buyers via email, requesting a uniform fee of $50,000 to initiate the purchase.

As reported by US media Fortune, X (formerly known as Twitter) is currently valued at $19 billion under the company's employee equity compensation plan. According to insiders, the privately held company owned by Elon Musk will issue restricted stock to employees at a price of $45 per share.