Diddy was one of the investors who helped Elon Musk acquire X, formerly known as Twitter, for $44 billion in 2022, according to a recently unsealed list of the platform’s shareholders.
The document, made public on Wednesday, reveals nearly 100 entities as part-owners, with Diddy listed under 'Sean Combs Capital, LLC.' Other notable names on the list include billionaire investor Bill Ackman, Saudi Prince Al Waleed bin Talal Al Saud, and Twitter founder Jack Dorsey. The exact amount Diddy invested in X remains undisclosed, and as of August 2024, it’s unclear who still holds shares in the company.
The Washington Post was the first to release the document, which was made public after U.S. District Judge Susan Illston approved a motion filed by independent tech journalist Jacob Silverman. Silverman sought the information in the interest of transparency. Former Twitter employees have accused the company of violating their arbitration agreements by failing to pay certain fees after Musk's takeover, which led to the list being filed.
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Diddy and Musk’s connection isn’t new; they were spotted together at a Dave Chappelle comedy show in 2022. However, Diddy’s situation has since taken a downturn, as he now faces allegations of sexual trafficking and assault.