Even though Sean Diddy Combs is under fire for multiple accusations of sexual assault that also sent some career downfalls his way, he’s seemingly mindful of keeping his investments promising. Despite the ongoing rough patch of his career, the rapper was mentioned in the list of investors in the social media platform X, previously Twitter.
Elon Musk‘s X Corp. disclosed the list of the parent companies, including the names of Larry Ellison and Marc Andreessen along with Sean Diddy Combs. While this already puts Musk under yet another controversy, the list has come at a time when a few former X employees have claimed that Musk has been violating their rights. Here’s the full story.
Elon Musk’s X Releases A List Of Investors
Elon Musk’s X unveiled a list of investors in X on Wednesday evening, including various famous entities linked to it. The disclosure was made after a lawsuit by an X employee who claimed that they were not being paid a certain fee after the takeover by Elon Musk.
The list also includes nearly 100 groups who own a stake in the company, including Saudi Prince Alwaleed bin Talal al Saud, as well as his investor Kingdom Holding Company, and Twitter founder Jack Dorsey.
The filling gives a peak at the investors who funded Musk’s $44 billion purchase on the social media platform, widely considered a hub of information worldwide.
In case you missed it: Howard University Takes Back Highest Honor From Sean ‘Diddy’ Combs Over Assault Charges
X Challenged To Publicly Share The Names Of Stakeholders In The Case
As part of a litigation, X was challenged to share the names of the stakeholders. It filed a corporate statement saying, “[n]o publicly held corporation owns 10% or more” of its stock without identifying specific entities. A Journalist and Reporter committee got involved in the case claiming that it is the right of public interest to understand the financial motives that will shape the future of the world’s most used site.
On Tuesday, U.S. District Judge Susan Illston found that there’s no scandalous information that trades the secrets. Sean Diddy has various investments in different business ventures. The disclosure doesn’t reveal how much he has invested in the company.
Since the investment in 2022, he has been accused of sexual assault and is facing a lawsuit against him since then. To X forcing to reveal an unredacted version of the list, it’s necessary to know the complete background of the investors.
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