August 23rd, 2024

The full list of Twitter/X shareholders has now been released

Elon Musk's X Corp. disclosed its shareholder list, including notable investors like Sean Combs and Bill Ackman, following a court order related to a lawsuit from former Twitter employees.

Read original articleLink Icon
The full list of Twitter/X shareholders has now been released

Elon Musk's X Corp. has publicly disclosed its list of shareholders following a court order related to a lawsuit from former Twitter employees. The unsealed document reveals notable investors, including Sean "Diddy" Combs, Bill Ackman, Larry Ellison, and Marc Andreessen, among nearly 100 stakeholders. This disclosure is part of a legal case where former employees allege Musk violated arbitration agreements by not paying certain fees after acquiring Twitter. The court emphasized the public interest in understanding the financial dynamics influencing free speech on the platform. The list includes significant figures such as Saudi Prince Alwaleed bin Talal al Saud and Twitter founder Jack Dorsey. The court ruled that the information shared does not contain any scandalous details or trade secrets. Sean Combs, linked to several business ventures, is one of the few entertainment figures listed, although the extent of his investment remains undisclosed. The lawsuit has also brought attention to Combs, who is facing multiple legal challenges, including allegations of sexual assault and federal investigations into sex trafficking, which he denies. The court's decision to require the disclosure was influenced by the procedural rules of the Northern District of California federal court, which mandates transparency regarding entities with financial stakes in ongoing litigation.

- Elon Musk's X Corp. disclosed its shareholder list due to a court order.

- Notable investors include Sean "Diddy" Combs, Bill Ackman, and Larry Ellison.

- The disclosure is part of a lawsuit from former Twitter employees over unpaid arbitration fees.

- The court found no scandalous information in the shareholder list.

- Sean Combs faces legal challenges unrelated to his investment in X.

Link Icon 1 comments
By @paulpauper - about 2 months
So presumably these investments have lost a lot of value?