Recent court filings revealed that Elon Musk’s social media app, X, has 95 co-owners, significantly more than the 18 listed during his acquisition in May 2022. Key highlights include:

– **Diverse Ownership:** Co-owners include the Saudi conglomerate Kingdom Holding Co., Binance, entities linked to Sean “Diddy” Combs and billionaire Bill Ackman, and multiple investment vehicles from Fidelity.
– **Court Disclosure:** The complete list emerged after a federal judge ordered its release related to a lawsuit from former Twitter employees alleging contract violations.
– **Former Investors Remain:** Some co-owners retained shares from Twitter’s public era, including co-founder Jack Dorsey.
– **Executive Stakeholders:** Current and former executives from Musk’s other ventures hold stakes in X, including Omead Afshar and Steve Davis.
– **Changed Valuation:** Musk and partners spent $44 billion to acquire the platform, but Fidelity claims its value has dropped by 71% since that deal.
– **Controversial Reputation:** Musk’s management has faced challenges, with the platform attracting extremist users and losing major advertisers.

X did not comment on the publication of the list, which highlights a complex ownership structure involving a blend of established investment firms and public figures, amidst ongoing legal and corporate controversies.