The owners of Elon Musk’s X, the social media site formerly often known as Twitter, include Bill Ackman and Sean “Diddy” Combs.
The platform has been forced to reveal its investors following a lawsuit filed by former employees demanding payment of arbitration fees incurred after Musk bought the positioning.
Previously, X had argued that the data about its investors was confidential “as a matter of routine practice and policy.” But this week, a federal judge in California ruled to release the list of site owners.
Among the nearly 100 owners of the social media giant are some well-known names, each from the world of investments and from the X-universe.
Previously High-profile investors reminiscent of Fidelity were related to X, mainly since the investment vehicle’s documents implied a 72% loss in the corporate’s value since Musk took over.
However, recent filings show that the investment giant supports the platform: nearly 30 different corporations affiliated with Fidelity hold shares within the brand.
The documents revealed this week also revealed the corporate’s lesser-known shareholders.
The list seen by Assets declares that the Pershing Square Foundation owns a stake in X. If the name sounds familiar, it’s due to its connection to Pershing Square Holdings, founded 20 years ago by billionaire investor Bill Ackman.
Although the muse of the identical name is managed by an independent management team, Are Co-trustee.
Ackman is a dedicated user of X and incessantly uses the platform to high-profile individuals and organizations. He uses it to debate Shark Tank star Mark Cuban and ask questions on the leadership of his alma mater, Harvard University.
Elsewhere on the ownership list is Oracle founder Larry Ellison. The investment in X is made through the Lawrence J. Ellison Revocable Trust, whose primary business, based on a 2008 SEC report filed by Assetsis to “manage the assets and estate of Mr. Ellison.”
The interests of the trust and Oracle are unrelated, the SEC filing further states.
Unlike Ackman, Ellison isn’t as avid a user of the positioning. Although he has greater than 130,000 followers, Ellison has posted thrice – once in 2012 and once in 2023.
Another notable name on the list is Sean Combs Capital.
Although SEC filings don’t reveal any matches with the corporate, it has previously been linked to American rapper Diddy (formerly often known as Puff Daddy), who has founded numerous corporations under his birth name.
These included the Sean Combs Foundation, Combs Investments and, more recently, the umbrella brand for his investments, Combs Global.
Musk’s plan has also managed to draw the eye of the royal family: His Royal Highness Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud can also be on the list.
The Saudi prince has a net value of nearly $19 billion. based on Forbesand in addition owns stakes in luxury hotels reminiscent of the Four Seasons and the Savoy, in addition to other technology corporations reminiscent of ride-sharing company Lyft.
In addition, despite his criticism of Musk’s leadership, Jack Dorsey still appears to own shares within the platform he founded through Jack Dorsey Remainder LLC.
The Twitter co-founder previously supported the Tesla CEO in his takeover of the corporate, but left reiterated his support earlier this 12 months, telling a member on rival social media platform Bluesky: the whole lot went down the drain.”
Doubling investments
Among the lesser-known names are some organizations that not only own shares in Company X, but in addition have senior executives involved.
Take people like Danilo Kawasaki and Ross Gerber.
According to the documents, the 2 are named as individual investors in X, but in addition own shares in the corporate they run, the wealth and investment management firm Gerber Kawasaki.
Elsewhere on the list are the expected enterprise capitalists from Silicon Valley: 8VC, Andreessen Horowitz and Sequioa.
Of course, Musk himself can also be on the list. The SpaceX founder can also be listed via the Elon Musk Revocable Trust.
Musk bought the positioning in 2022 for $44 billion, although the The filing didn’t disclose how much of his investment share was in comparison with others. Since then, the corporate has been hit by departing advertisers, mass layoffs, and criticism of Musk’s strategy.
X didn’t respond immediately to Fortune Request for comment.
The complete list
- 8VC Opportunities Fund II, LP
- ADREM X LLC
- ADREM Y LLC
- Afshar Partners, LP
- Andrea Stroppa
- Andreessen Horowitz LSV Fund III, LP
- Anthem Ventures, LLC
- ARK Venture Private Holdings LLC
- BAMCO, Inc.
- Bandera Fund LLC
- Baron Opportunity Fund
- Baron Partners Fund
- Binance Capital Management Co., Ltd
- Brookfield Project X LP•CCM 2020 Investments LLC
- Cheng and Chen Family Trust
- CNK Fund IV, LP
- Danilo Kawasaki
- Dayton Family Enterprises, LLC
- Dayton Family Investments, LLC
- DFJ GROWTH IV, LP
- DFJ GROWTH IV PARALLEL FUND, LLC
- DFJ-GROWTH XI, LP
- Eden Relationship Capital LP
- Elon Musk as trustee of the Elon Musk Revocable Trust dated July 22, 2003
- FIAM Target Date Blue Chip Growth Commingled Pool By: Fidelity InstitutionalAsset Management Trust Company as Trustee
- Fidelity Blue Chip Growth Commingled Pool By: Fidelity Management TrustCompany, as Trustee
- Fidelity Blue Chip Growth Institutional Trust Through its manager Fidelity InvestmentsCanada ULC
- Fidelity Canadian Growth Company Fund through its manager Fidelity InvestmentsCanada ULC
- Fidelity Central Investment Portfolios LLC: Fidelity US Equity Central Fund – Communications Services Sub
- Fidelity Contrafund: Fidelity Advisor New Insights Fund – Sub A
- Fidelity Contrafund: Fidelity Advisor New Insights Fund – Sub B
- Fidelity Contrafund: Fidelity Contrafund•Fidelity Contrafund: Fidelity Contrafund K6
- Fidelity Contrafund: Fidelity Series Opportunistic Insights Fund
- Fidelity Contrafund Commingled Pool By: Fidelity Management Trust Company, as Trustee
- Fidelity Destiny Portfolios: Diversified equity fund from Fidelity Advisor
- Fidelity Global Growth and Value Investment Trust – Sub A From its manager Fidelity Investments Canada
- Fidelity Global Innovators Investment Trust through its manager Fidelity InvestmentsCanada ULC
- Fidelity Growth Company Mixed Pool By: Fidelity Management TrustCompany, as trustee
- Fidelity Insights Investment Trust Through its manager Fidelity Investments CanadaULC
- Fidelity Mt Vernon Street Trust: Fidelity Growth Company Fund
- Fidelity Mt Vernon Street Trust: Fidelity Growth Company K6 Fund
- Fidelity Mt. Vernon Street Trust: Fidelity Series Growth Fund
- Fidelity OTC Commingled Pool By: Fidelity Management Trust Company, as Trustee
- Fidelity Puritan Trust: Fidelity Puritan Fund – Stock Sub B
- Fidelity Puritan Trust: Puritan K6 Fund – Equity Subportfolio•Fidelity Securities Fund: Fidelity Blue Chip Growth Fund
- Fidelity Securities Fund: Fidelity Blue Chip Growth K6 Fund
- Fidelity Securities Fund: Fidelity OTC K6 Portfolio
- Fidelity Securities Fund: Fidelity OTC portfolio
- Fidelity Select Portfolios: Selected Communication Services Portfolio•G64 Ventures LLC
- Gerber Kawasaki Inc.
- GFNCI LLC
- Gigafund 0.21, LP
- Glacier Ventures LLC
- GoMav, LLC
- His Royal Highness Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud
- His Royal Highness Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud
- IMG US, LLC
- Jack Dorsey Balance LLC
- Jack Dorsey Tr Ua 12/08/2010 Jack Dorsey Revocable Trust
- Kingdom Holding Company
- Revocable Trust of Lawrence J. Ellison
- Linda Ye and Robin Ren Family Foundation
- Litani Ventures•Luchi Fiduciaria SR POS. 365
- Manhattan Venture Partners X LLC
- Mirae Asset Innovation X ONE, LLC
- Mirae Asset Project X Fund I, LP•Olivier Janssens
- Q Tetris Holding LLC
- Ross Gerber
- Santo Lira LLC
- SC CDA1 LLC
- SCGE Fund, LP•SCGGF III – US/India Management, LP
- SCHF (M) PV, LP
- Scott Nolan
- SC US/E Expansion Fund I Management, LP
- Sean Combs Capital, LLC
- Sequent (Switzerland) AG as trustee of the Debala Trust
- Sequoia Capital Fund, LP
- Series N Dis, a series of Atreides Special Circumstances Fund, LLC
- Shahidi Tactic Group, LLC
- Steve Davis
- T.One Holdings LLC
- The Pershing Square Foundation
- TM33 Partners Holdings
- Tresser Blvd 402 LLC
- UnipolSai SPA
- Variable Insurance Products Fund II: VIP Contrafund Portfolio – Sub-portfolio A
- VYC25 Limited
- X Holdings I Investment, LLC
