Elon Musk was just forced to reveal who owns X

Elon Musk has been compelled to disclose the ownership details of X, formerly known as Twitter, due to a lawsuit from former employees seeking arbitration fee payments. A federal judge in California ruled to unseal the list of nearly 100 owners, which includes notable figures such as Bill Ackman, Sean Combs, and Saudi Prince Alwaleed bin Talal. The disclosure reveals that Fidelity has significant investments in X, with around 30 entities linked to the firm holding stakes. Other prominent investors include Oracle founder Larry Ellison and Jack Dorsey, who still owns shares despite previously criticizing Musk's leadership. The list also features various venture capital firms and individual investors, highlighting a mix of well-known and lesser-known stakeholders. Musk himself is listed as an owner through the Elon Musk Revocable Trust. Since Musk's acquisition of X for $44 billion in 2022, the platform has faced challenges, including a decline in value and advertiser departures. The unsealed documents provide insight into the diverse group of investors backing the platform amid ongoing scrutiny of its management and financial performance.

- Elon Musk was forced to reveal X's ownership due to a lawsuit from former employees.

- The list includes notable investors like Bill Ackman, Sean Combs, and Prince Alwaleed bin Talal.

- Fidelity has around 30 entities linked to it holding stakes in X.

- Jack Dorsey still owns shares in X despite criticizing Musk's leadership.

- The platform has faced significant challenges since Musk's acquisition, including a drop in value.