X Enterprises (formerly XRide Entertainment) is an American ride creation corporation, founded on March 5, 1953.

The company focuses on creating and manufacturing rides such as roller coasters, carousels, bumper cars, swings, slides, ziplines, trampolines, ball pits and more.

Founding

On March 5, 1953, X Enterprises was officially established in Chandler, Arizona by Carmen Dile II, as XRide.

The business was formed to make rides extremely safe, prohibiting danger against humans and creating a safe environment on Earth.

The X (1955)

Main article: The X (ride)

Safety

Between 1955 and 1957, their attempt of safety on certain rides which were manufactured by the company manually failed.

Malfunctions, accidents, incidents, deaths and injuries occurred during the past two periods on many roller coasters and carousels, making the experience exceptionally fatal.

1955 carousel malfunction

On November 14, 1955, a carousel at LeapPark malfunctioned when the material used to spin the riders in a clockwise motion caught on fire unusually, burning alive half of the riders, injuring many and killing only 1.

Several families sued X Enterprises for the accident, as the company stated that the malfunction wasn't intentional.

Just a week later, the carousel went into renovation for approximately 2.5 months before reopening.

1956 roller coaster incident

In the summer of 1956, The X gone "off the rails" when a portion of the coaster flew off the track at around 60 feet in the air during the second zig-zag portion of the ride, landing completely on hard concrete, fatally killing all 3 passengers, including the parents.

X Enterprises became a target once again for suing, but this time from workers.

Bankruptcy

Beginning (2004 - 2005)

In 2004, things for the company started to get bad. The chief executive officer received a notice from the Chandler mayor that the business was in deep trouble from an adult claiming that a roller coaster intentionally malfunctioned and that the business caused the situation to occur, when in real life it didn't happen, whilst the company was also $20M in debt.

A year later in 2005, X Enterprises began to file for Chapter 11 bankruptcy protection, as the CEO stated that the incident wasn't real, although the mayor ignored accidentally, whilst the government began hiring investigators 5 years later.

End of protection (2006 - 2008)

In August 2006, the company entered Chapter 11 bankruptcy, as their protection was no longer accessible.

Beginning from 2007 to early 2008, the business began hiring Chapter 11 debtors to help reorganize the entire assets of the corporation and to keep it alive. The debtors were successful at doing so in the very end.

Between September to October 2008, the company started paying off their $20M for debts that they were struggling with for the past 4 years.

Recovery (2009)

On March 21, 2009, X Enterprises was able to escape their bankruptcy state and reorganize their business works. Lawsuits couldn't be filed directly against the company for 5 years, and they were allowed to receive money into their revenue stocks.

Investigation and arrest (2010)

On June 6, 2010, the Chandler mayor hired investigators to explore what actually happened when the claim was filed. Accordingly, it only took around 4 months to gain clues and investigations, and just a month later in November, investigators returned to the Chandler government to gather the details altogether.

In December 2010, the claim matched to a 25 year old female adult under the name Sophia Ashley. Days later, she was officially placed under arrest for false claiming/suing X Enterprises. She was served in prison for 10 months before being set free on Halloween Day 2011 (October 31).

Name change

On January 6, 2021, XRide Entertainment changed their name to X Enterprises.

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