Who Invests in Musk’s X?

Elon Musk’s company, X, has shared a list of its owners as of June 2023. This list shows all the important people and companies that have given money to help run the platform that used to be called Twitter. The list was made public because a group wanted to ensure everyone knew who was involved.

Who Invests in Musk’s X?

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• Shareholder List Revealed: Elon Musk’s company, X, has released its list of shareholders as of June 2023, showing who supports privatizing the platform once known as Twitter.
• Wide Range of Investors: The list includes big names like Andreessen Horowitz, a company that invests in new ideas; famous tech person Larry Ellison, digital money company Binance; and surprising names like music star Sean ‘Diddy’ Combs and investor Bill Ackman.
• Binance’s Global Moves: Binance, an X shareholder, is expanding internationally, resolving challenges in India, and gaining a license in Dubai while facing legal issues in the U.S.

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Some of the big names on the list are companies that give money to new businesses, like Andreessen Horowitz and Sequoia Capital. They helped Elon Musk buy Twitter. Another famous person on the list is Larry Ellison, who helped make the company Oracle. 

Binance, a company that deals with digital money, is also on the list. Surprisingly, Sean “Diddy” Combs, a famous music star, is also involved, even though not many people knew about it until a newspaper wrote about it.

The list also has Bill Ackman, who is known for talking about big school changes. Joe Lonsdale’s company, 8VC, is on the list, too, even though some people say it has links to people in Russia. Jack Dorsey, who helped start Twitter, and a prince from Saudi Arabia, Alwaleed bin Talal, also changed their Twitter shares into X shares.

This list was officially created on June 9, 2023, but people only recently learned about it. A journalist named Jacob Silverman said it is very helpful for people who want to learn more about the company.

In other news, Binance, one of the owners of X, is growing its business worldwide. After some problems, it got permission to work in India again. Binance also got a license in Dubai, which means they can help people with money matters. Earlier this year, they started a project in Thailand with another company to help people trade digital money.

However, Binance has also faced some legal trouble. Last year, a U.S. group said Binance was conducting some money activities without permission, and another U.S. group said Binance and its former leader, Changpeng Zhao, were conducting business without following the rules.

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