Musk’s X Drew Capital From Silicon Valley Elites, Global Funds
- Larry Ellison, Sean ‘Diddy’ Combs are among its backers
- X has been mired in controversy since Elon Musk’s takeover
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Elon Musk’s X attracted investment from a plethora of big names from Silicon Valley to global finance, including Sean “Diddy” Combs and billionaire Larry Ellison, according to a court document unsealed Wednesday.
Many of the investors listed, such as Twitter co-founder Jack Dorsey and venture capital firms Andreessen Horowitz and Sequoia, have been disclosed previously. But the filing outlines X Holdings Corp. shareholders in full for the first time in one document, giving the public an overview of the backers behind the social media platform Musk acquired for $44 billion in 2022. They include major players in investing such as Bill Ackman’s Pershing Square, Saudi Prince Alwaleed Bin Talal and Fidelity.