Elon Musk’s social media platform X (formerly Twitter) has revealed its investors in a recently unsealed court document. Notable investors include:
– Saudi Prince Al Waleed bin Talal Al Saud
– Jack Dorsey, former Twitter CEO
– Sean “Diddy” Combs
– Venture capital firm Andreessen Horowitz
– 8VC, co-founded by Joe Lonsdale, also a co-founder of Palantir.

The document identifies nearly 100 stakeholders, many linked to large investment firms, reflecting strong support from prominent figures in tech and entertainment. This disclosure came as part of a lawsuit filed by former Twitter employees in 2023, with legal experts emphasizing the public’s right to know ownership details.

Since Musk’s acquisition of X for $44 billion in 2022, he has aimed to transform it into a comprehensive app. However, Fidelity recently valued the company at approximately $14.1 billion, a 68% decrease from the purchase price. Musk has also reduced X’s workforce by about 80%, a move supported by CEO Linda Yaccarino as a necessary cost-cutting measure.