The Chief Executive of X, Elon Musk, carried out the name change on Tuesday, December 31.
The name Kekius Maximus is associated with a blockchain token (KEKIUS), which has recorded a notable 107.0% surge in the past 24 hours, now priced at $0.029.
Tesla Maker's authority has expanded following President-elect Donald Trump's election win in November.
It is important to mention that Musk showed his support for Trump after a shooting incident at a rally in Pennsylvania and later contributed roughly $200 million to a Political Action Committee (PAC) aiding Trump's campaign.