$ETH Elon Musk’s X Reveals Shareholder List Including Bill Ackman, Binance, and Sean ‘Diddy’ Combs

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The list includes a mix of high-profile investors and tech industry stalwarts

Elon Musk’s company X has unveiled its complete list of shareholders as of June 2023 after being compelled by a court order

The list includes a mix of high-profile investors and tech industry stalwarts who have backed Musk’s venture to privatize the social media platform formerly known as Twitter.

Among the notable investors are venture capital heavyweights like Andreessen Horowitz, Draper Fisher Jurvetson, and Sequoia Capital, all of whom had previously supported Musk’s acquisition.

Binance on List of X Shareholders

Also on the list are Oracle co-founder Larry Ellison and cryptocurrency giant Binance, highlighting the diverse financial backing behind Musk’s initiatives.

Surprisingly, the list also features names like Sean “Diddy” Combs through Sean Combs Capital, whose involvement had been lesser-known until a report by the Daily Mail.

Adding to the intrigue is Bill Ackman, the activist investor famous for his critiques of institutional practices at Ivy League schools, who has invested via the Pershing Square Foundation.

Another significant name is Joe Lonsdale’s 8VC, a firm with alleged connections to Russian oligarchs.

Also noteworthy are shareholders like Twitter co-founder Jack Dorsey and Saudi Prince Alwaleed bin Talal al Saud, who transitioned their original Twitter investments into stakes in X following Musk’s takeover.

The details of this shareholder list were officially documented in a court filing on June 9, 2023, but only became public this week following a legal motion by the Reporters Committee for Freedom of the Press, advocating on behalf of journalist Jacob Silverman.

In a blog post, Silverman highlighted that while many backers were already known, the newly released list provides crucial insights without disclosing specific ownership stakes.

He said it’s “a great starting point for journalists, researchers.