The Complete List of Elon Musk’s X Shareholders Unveiled 📋
Elon Musk’s company X has disclosed its full list of shareholders as of June 2023 following a court mandate.
High-Profile Investors Backing Musk’s Venture 🚀
- Venture capital heavyweights like Andreessen Horowitz, Draper Fisher Jurvetson, and Sequoia Capital are notable backers of Musk’s privatization efforts.
- Oracle co-founder Larry Ellison and cryptocurrency giant Binance are also among the investors highlighting the diverse financial support behind Musk’s initiatives.
Surprising Names on the Shareholder List 🧐
- Sean “Diddy” Combs through Sean Combs Capital and activist investor Bill Ackman via the Pershing Square Foundation are unexpected additions to the list.
- Joe Lonsdale’s 8VC, with alleged ties to Russian oligarchs, is another significant presence on the shareholder roster.
Transition of Twitter Investments to X Stakes 🔄
- Twitter co-founder Jack Dorsey and Saudi Prince Alwaleed bin Talal al Saud have shifted their original Twitter investments to holdings in X after Musk’s acquisition.
Unveiling of Shareholder Insights Through Legal Motion 📜
- The details of the shareholder list were officially recorded in a court filing on June 9, 2023, and became public after a legal motion by the Reporters Committee for Freedom of the Press.
- The list offers crucial insights without disclosing specific ownership stakes, providing valuable information for journalists, researchers, regulators, and activists.
Binance’s Global Expansion Strategy 🌍
Binance has been focusing on expanding its presence globally with strategic moves in various regions:
Regulatory Progress in India and Dubai 🇮🇳 🇦🇪
- The Financial Intelligence Unit of India revealed that Binance has successfully registered with the regulatory body, overcoming previous hurdles.
- Binance obtained a license from Dubai’s regulator, VARA, allowing it to serve retail clients, qualified, and institutional investors in the region.
Joint Venture in Thailand and Regulatory Challenges 🇹🇭
- Binance launched Binance Thailand in collaboration with Gulf Innova, offering digital asset exchange services with Thai baht trading pairs.
- The exchange has faced growing regulatory scrutiny globally, with charges filed against it by the Commodity Futures Trading Commission and the US Securities and Exchange Commission.
Hot Take 🔥
Stay informed about the evolving landscape of crypto investments and the global expansion plans of key players like Binance. Explore the latest developments and regulatory challenges in the crypto sphere to make informed decisions!
Sources:
– TechCrunch
– Jacob Silverman’s Blog
– Securities and Exchange Commission
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