A court filing has revealed that Diddy is among almost 100 entities that invested in Elon Musk’s controversial buyout of Twitter, which he has since renamed X.
As first reported by The Washington Post, a federal judge ordered Musk’s company to reveal the list of shareholders in the company, which he purchased in October 2022 for $44 billion. Diddy’s ‘Sean Combs Capital, LLC’ is among the list of shareholders, which also includes Twitter founder Jack Dorsey, Saudi Prince Alwaleed bin Talal al Saud, and billionaire hedge fund manager Bill Ackman.
The previously sealed list of investors was submitted by the company after former Twitter employees filed a lawsuit against Musk last year for allegedly failing to pay arbitration agreements. Reporters Committee for Freedom of the Press attorneys filed a motion for the list to be unsealed in July, which was granted by U.S. District Judge Susan Illston on Tuesday, Aug. 20.
It’s unclear if everyone on the list is still a shareholder or to what extent they have involvement with the company in 2024.
Musk has made major changes to the social media platform since he took over almost two years ago. He has repeatedly expressed his desire to make X the home of “free speech,” and he notably reinstated Donald Trump’s account after he was banned for his role in invoking the Capitol riot. These days, Musk mostly spends his time responding to racist dog whistles and classic right-wing ragebait.
Diddy, meanwhile, has retreated from the public eye since investing after he was accused of sexual assault and misconduct in multiple lawsuits. The allegations against the Bad Boy Records founder kicked off when his ex-girlfriend Cassie accused him of years of abuse, sex trafficking, and rape in a lawsuit that was quickly settled. Other lawsuits followed, including one filed just this month.
