A recent court order required Elon Musk's X to publicly disclose its full shareholder list as of June 2023.
A number of well-known names in the tech industry have already been reported to be in favor of Musk’s effort to take the social media company, then known as Twitter, private. These include VC firms Andreessen Horowitz, Draper Fisher Jurvetson, Sequoia Capital, Oracle founder Larry Ellison, and cryptocurrency firm Binance.
One previously unreported name is rapper Sean “Diddy” Combs, who appears to be an investor through Sean Combs Capital. Activist investor Bill Ackman, who has made headlines recently for his campaign against activism at Ivy League schools, is also a shareholder through the Pershing Square Foundation. So is 8VC, a VC firm co-founded by Palantir’s Joe Lonsdale, whose ties to Russian oligarchs have been reported.
Some of the listed shareholders were people who invested in Twitter before Musk acquired it. For example, Twitter co-founder Jack Dorsey and Saudi Prince Alwaleed bin Talal Al Saud are said to have invested Twitter shares in what is now X.
The court filing containing the shareholder list is dated June 9, 2023, but was unsealed this week following a motion filed by the Reporters Committee for Freedom of the Press on behalf of independent journalist Jacob Silverman.
In a blog post that published the full list of investors, Silverman acknowledged that many of Musk’s backers are already known and that the list does not include the amount of ownership. Still, he said it is “a good starting point for journalists, researchers, regulators, activists, and anyone else who wants to know what’s going on behind the scenes at this important company.”
