Court documents have been released, revealing that Sean “Diddy” Combs is one of the investors who helped Elon Musk takeover Twitter.
Musk’ failed to pay arbitration fees after his purchase of Twitter, now known as X, and so Musk was forced to disclose its list of shareholders which includes Saudi Prince Alwaleed bin Talal al Saud, hedge fund manager Ackman and Bad Boy boss, Diddy.
The company fought hard to stop the list of shareholders from being made public, but the court ruled that as Musk failed to pay the arbitration fees in the first place, it was Musk’s doing.
Jacob Silverman, who worked alongside the Reporters Committee for Freedom of the Press, told Fortune that we should al know who stands to gain from the influence of Twitter/ X.
“Simply, it’s about transparency, disclosure, and free speech—on behalf of the public and X’s users,” Silverman said, adding “it’s important that the public knows who owns the platform, who might influence its governance, and who Musk owes.”
The federal judge’s ruling states, “Here, respondents have presented little more than conjecture in support of their position. The disclosure statement does not contain any scandalous information or trade secrets. On the record before it, the court is unable to discern a factual basis for sealing the disclosure.”
The Washington Post shared a full list of the investors which you can view here:
