September 19, 2024

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Elon Musk Just Had to Reveal Who Owns Company X. Here’s the List

Elon Musk Just Had to Reveal Who Owns Company X. Here’s the List

Bill Ackman and Sean “Diddy” Combs are among the owners of Elon Musk’s social media site X, formerly known as Twitter.

The platform was forced to reveal its investors as part of a lawsuit filed by former employees seeking payment of arbitration fees they incurred after Musk bought the site.

Previously, X claimed its investors were kept secret as a matter of “routine practice and policy,” but this week, a federal judge in California ruled that the list of site owners must be revealed.

Among the social media giant’s nearly 100 owners are some familiar names, both from the investment world and within the X universe.

previously, Prominent investors like Fidelity were linked to X, particularly because the investment vehicle’s filings indicated a 72% drop in the company’s value. Since Musk took over.

However, the latest filing reveals the investment giant’s backing of the platform, with nearly 30 separate entities linked to Fidelity owning stakes in the brand.

Documents released this week also reveal lesser-known stakeholders in the company.

List you viewed luck It is revealed that Pershing Square owns a stake in X. If the name sounds familiar, that’s because it’s associated with Pershing Square Holdings, founded by billionaire investor Bill Ackman 20 years ago.

Although the eponymous foundation is led by a senior, independent leadership team, Ackman and his wife, Neri Oxman, We are Co-Secretaries.

Ackman is an avid user of X and frequently uses the platform to address other issues. High-level individuals and entities. It has been used for discussion. shark tank Star Mark Cuban raises questions about the leadership of his alma mater, Harvard University.

Elsewhere on the list of owners is Oracle founder Larry Ellison. The stake in X comes through the Lawrence J. Ellison Revocable Trust, whose primary business, according to a 2008 Securities and Exchange Commission filing seen by luckThe purpose of this company is to “hold the assets and property of Mr. Ellison.”

The SEC filing adds that the fund’s interests and Oracle’s are unrelated to each other.

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Unlike Ackman, Ellison is not an avid user of the site. Despite having more than 130,000 followers, Ellison has only posted twice — once in 2012 and once in 2023.

Another notable name on the list is Sean Combs Capital.

While SEC filings show no matches for the company, the company has previously been linked to American rapper Diddy — formerly known as Puff Daddy — who launched a number of companies under his real name.

These organizations included the Sean Combs Foundation, Combs Investments, and most recently his umbrella brand, Combs Global.

Musk has also managed to attract some royal attention for his endeavors, with HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud also appearing on the list.

The Saudi prince’s fortune is estimated at nearly $19 billion. per Forbes, The company also owns stakes in luxury hotels such as the Four Seasons and the Savoy, as well as other technology companies such as ride-sharing company Lyft.

It also appears that despite his criticism of Musk’s leadership, Jack Dorsey still owns shares in the platform he founded through Jack Dorsey Remainder LLC.

One of Twitter’s co-founders had previously backed the Tesla CEO in his takeover of the company but pulled out. He backed his support earlier this year, telling a member of rival social media platform Bluesky, “It “Everything went south.”

Double investments

Among the lesser known names are some organizations that not only have stakes in X as a company, but have also seen senior leaders involved.

Take for example Danilo Kawasaki and Ross Gerber.

According to the filing, the couple are named as individual investors in X but also have a stake in the company they lead, wealth management and investment firm Gerber Kawasaki.

Elsewhere on the list are the Silicon Valley venture capital firms we might expect: 8VC, Andreessen Horowitz, and Sequoia.

The list, of course, also includes Musk himself. Through the Elon Musk Revocable Trust, the SpaceX founder is also listed.

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Musk bought the site for $44 billion in 2022, though The file did not clarify the percentage of his investment compared to the investments of others. Since then, the company has been besieged by the departure of advertisers, mass layoffs, And criticism of Musk’s strategy.

X did not respond immediately. luckRequest comment.

Full list

  • 8VC Opportunity Fund II, LP
  • DreamX Co., Ltd.
  • Dreamway Co., Ltd.
  • Afshar Partners, LP
  • Andrea Stroppa
  • Andreessen Horowitz LSV III Fund, LP
  • Anthem Ventures, LLC
  • Ark Venture Holdings Private Limited
  • Bamco Company
  • Bandera Fund LLC
  • Baronial Opportunity Fund
  • Barron Partners Fund
  • Binance Capital Management Co., Ltd.
  • Brookfield XLP CCM 2020 Investments Limited
  • Cheng and Chen Family Fund
  • CNK Fund IV, LP
  • Danilo Kawasaki
  • Dayton Family Enterprises, LLC
  • Dayton Family Investments, LLC
  • DFJ GROWTH IV, LP
  • DFJ Parallel Growth Fund IV, LLC
  • DFJ GROWTH XI, LP
  • Eden Relationship Capital LP
  • Elon Musk as Trustee of the Elon Musk Revocable Trust as of July 22, 2003
  • FIAM Target Date Blue Chip Growth Combingled by: Fidelity InstitutionalAsset Management Trust Company as Trustee
  • Fidelity Blue Chip Growth Mixed Fund By: Fidelity Management TrustCompany, as Trustee
  • Fidelity Blue Chip Institutional Growth Fund managed by Fidelity Investments Canada ULC
  • Fidelity Canada Growth Fund managed by Fidelity Canada Investments ULC
  • Fidelity LLC Central Investment Portfolios: Central U.S. Equity Fund – Communications Services Division
  • Fidelity Contrafund: Fidelity Advisor New Insights Fund – Sub A
  • Fidelity Contrafund: Fidelity Advisor New Insights Fund – Subchapter B
  • Fidelity Anti-Fund: Fidelity Anti-Fund•Fidelity Anti-Fund: Fidelity Anti-Fund K6
  • Fidelity Contrafund: Fidelity Series Opportunistic Insights Fund
  • Fidelity Irregular Investment Mutual Fund by: Fidelity Management Trust, Inc., as Trustee
  • Fidelity Destiny Portfolios: Fidelity Advisor Diversified Stock Fund
  • Fidelity Global Growth and Value Investing Fund – Sub-A managed by Fidelity Investments Canada
  • Fidelity Global Innovators Fund by its manager Fidelity InvestmentsCanada ULC
  • A joint investment group of Fidelity Growth Company by: Fidelity Management TrustCompany, as trustee
  • Fidelity Insights Fund managed by Fidelity Investments CanadaULC
  • Fidelity Mt. Vernon Street Trust: Fidelity Growth Company Fund
  • Fidelity Mt. Vernon Street Trust : Fidelity Growth Company K6
  • Fidelity Mt. Fund Vernon Street Trust: Fidelity Series Growth Company Fund
  • Fidelity OTC Hybrid Group By: Fidelity Management Trust Company, as Trustee
  • Fidelity Puritan Fund: Fidelity Puritan Fund – Sub-B Shares
  • Fidelity Puritan Trust: Puritan K6 Fund – Stock Sub-Portfolio Fidelity Securities Fund: Fidelity Blue Chip Growth Fund
  • Fidelity Securities Fund: Fidelity Blue Chip Growth K6 Fund
  • Fidelity Stock Fund: Fidelity OTC K6 Portfolio
  • Fidelity Securities Fund: Fidelity’s Over-the-Counter Portfolio
  • Fidelity Select Portfolio: Telecommunications Services Portfolio Select•G64 Ventures LLC
  • Gerber Kawasaki Company
  • GFNCI Limited
  • Gigafund 0.21, LP
  • Glacier Ventures Ltd.
  • Joe Muff, LLC
  • His Royal Highness Prince Alwaleed bin Talal bin Abdulaziz Al Saud
  • His Royal Highness Prince Alwaleed bin Talal bin Abdulaziz Al Saud
  • IMG USA, LLC
  • Jack Dorsey Reminder LLC
  • Jack Dorsey Revocable Trust 12/08/2010
  • Kingdom Holding Company
  • Lawrence J. Ellison Revocable Trust
  • Linda Yee and Robin Ren Family Foundation
  • Litani Ventures •Luchi Fiduciaria SR POS. 365
  • Manhattan Venture Partners XL LLC
  • Mirai Origins Innovation X ONE, LLC
  • Mirae Asset Project X Fund I, LP•Olivier Janssens
  • Q Tetris Holdings Co., Ltd.
  • Ross Gerber
  • Santo Lira Co., Ltd.
  • SCCD1 Co., Ltd.
  • SCGE Fund, LP•SCGGF III – US/India Management, LP
  • SCHF(M)PV,LP
  • Scott Nolan
  • First US/Eastern Australia Expansion Fund, LLC
  • Sean Combs Capital, LLC
  • Sequent (Switzerland) AG as trustee of the Dybala Fund
  • Sequoia Capital Fund, LP
  • Series N Dis, a series of Atreides Special Circumstances Fund, LLC
  • Shahidi Tactic Group, LLC
  • Steve Davis
  • T1 Holdings Co., Ltd.
  • Pershing Square Foundation
  • TM33 Holding Partner
  • Tracer Boulevard 402 LLC
  • Unipolsay Spa
  • Variable Insurance Products Fund II: VIP Contrafund Fund Portfolio – Sub-Portfolio A
  • VYC25 Co., Ltd.
  • X Holding Investment LLC
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