ALBAWABA - Elon Musk, the American billionaire, and CEO of Tesla, SpaceX, Neuralink, and The Boring Company, reveled a list of shareholders for the “X” social media platform due to a court order.
Shareholders and investors for X platform revealed in court
A federal judge ordered Elon Musk to disclose a list of shareholders and investors involved in the X “previously Twitter” deal. The court said the list is intended to provide the public with an official view of the investors who helped Musk buy the social media platform for $44 billion in October 2022.
The document provided by Musk revealed names of Silicon Valley's most prominent venture capital investors and entrepreneurs, in addition to Sean Love Combs, an American rapper, record producer, and record executive, also known Diddy, according to the Washington Post.
The documents presented to the court exposed that Musk has owned 75% of the “X” company since October 2022, while other shareholders collectively own around 10%. (Shutterstock)
Musk owns 75% of X
Other names on the 100-person list include Andreessen Horowitz, a private American venture capital firm, Prince Alwaleed bin Talal Al Saudi, a Saudi Arabian billionaire businessman and investor, and Jack Dorsey, an American internet entrepreneur, programmer, and the co-founder and former CEO of Twitter. Moreover, the list revealed that UnipolSai, an Italian financial services company, is among the names disclosed.
The documents presented to the court exposed that Musk has owned 75% of the “X” company since October 2022, while other shareholders collectively own around 10%.
