Who are the shareholders behind X? Here are some key people tied to the social media giant
X’s self-proclaimed role as a guarantor of free speech means that we should know which outside entities and which foreign governments may be able to exert influence on the company.
After Elon Musk formally rebranded Twitter as X in 2023, the names of the shareholders who helped finance the enormous $44 billion acquisition have been made public more than a year later by a federal court order. These names include music mogul Sean Diddy Combs and the founder and former CEO of the social media platform, Jack Dorsey.
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According to an unsealed court document obtained by the Washington Post, the other nearly 100 shareholders of X Holdings Corp. listed, in addition to Combs and Dorsey, are the venture capital firm Andreessen Horowitz, Saudi Prince Alwaleed bin Talal al Saud, UnipolSai S.P.A., an Italian financial services company based in Bologna, and 8VC, a venture capital firm co-founded by Joe Lonsdale, co-founder of software company Palantir. Although a number of the original investors, such as Dorsey and Andreessen Horowitz, have previously been made public, the Post stated that this is the first time a list of all the investors in X has been assembled.
The New York Post's report on the list of disclosed entities includes the Pershing Square Foundation, which is co-trusted by billionaire hedge fund manager Bill Ackman and his spouse Neri Oxman. Numerous entities are listed as shareholders of Fidelity, which reported in January
