WWE stands for World Wrestling Entertainment. It is an American entertainment company that produces professional wrestling events and shows, featuring popular professional wrestlers from around the world. WWE is also known for producing several television shows, including Monday Night Raw, SmackDown, and NXT, as well as pay-per-view events such as WrestleMania, Royal Rumble, and SummerSlam. The company was founded in 1952 as Capitol Wrestling Corporation and has since undergone several name changes before rebranding as WWE. Today, WWE is one of the biggest and most successful sports entertainment companies in the world.