Elon Musk vows ‘thermonuclear lawsuit’ as advertisers flee X over antisemitism
(www.independent.co.uk)
I will respond to this by asking "is registering the name of a company the only thing that counts when founding a company?"
Because that's what the original founders did. They registered the name. No patents, no designs, no engineering, no staff. They registered the name, then went searching for VC money.