Full list of investors in X revealed

In a significant legal development, a federal court in San Francisco has unsealed a list of investors in Elon Musk's X platform, previously known as Twitter. The document reveals a mix of high-profile backers, including venture capital firms like Andreessen Horowitz and 8VC, as well as Twitter's founder Jack Dorsey and funds associated with Fidelity. Notable investors from the political and entertainment sectors include Saudi Prince Alwaleed bin Talal al Saud and a fund linked to music mogul Sean “Diddy” Combs. The unsealing of the investor list was prompted by a motion from technology journalist Jacob Silverman and the Reporters Committee for Freedom of the Press. They argued that transparency regarding the ownership of a platform that significantly influences public discourse is essential. Silverman emphasized the importance of understanding which entities, including foreign governments, might exert influence over X, especially given the platform's self-identified role as a defender of free speech. Katie Townsend, legal director of the Reporters Committee, echoed this sentiment, stating that public interest necessitates knowledge of who owns X. The court's decision to disclose the investor list comes amid ongoing legal challenges for the platform, which Musk acquired for $44 billion in 2022. In a related development, X recently filed an antitrust lawsuit against an industry group representing various global brands, including its own advertisers, alleging a conspiracy to deprive the platform of significant revenue. This lawsuit has led to the dissolution of the Global Alliance for Responsible Media.