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Who and what exactly is invested in Elon Musk’s X Holdings, the entity behind the X platform and X.ai, is about to become a matter of public record.. In a Tuesday ruling, a federal judge in ...
Via the Elon Musk Revocable Trust, the SpaceX founder is also listed. Musk purchased the site for $44 billion in 2022, though the filing did not make clear the proportion of his investment versus ...
The US Securities and Exchange Commission sued Elon Musk on Tuesday for allegedly failing to properly disclose his ownership of X, then known as Twitter, as required by federal law, which allowed ...
Established by Elon Musk in 2023 as the successor to Twitter, Inc., it is a wholly owned subsidiary of X Holdings Corp., which is itself mostly owned by Musk. The company owns the social networking service X (formerly known as Twitter) , and has announced plans to use it as a base for other offerings.
Elon Musk is the wealthiest person in the world, with an estimated net worth of US$436 billion as of January 22, 2025, according to the Bloomberg Billionaires Index, [384] and $426 billion according to Forbes, [385] primarily from his ownership stakes in Tesla, Inc. and SpaceX. [386]
Elon Musk’s social media app, X, ... from Twitter’s days as a publicly traded company have held on to their shares or that new shareholders joined Musk’s ownership group after May 2022 or both.
On 16 July 2024, Elon Musk posted on X that SpaceX would move its headquarters from Hawthorne, California, to SpaceX Starbase in Brownsville, Texas. Musk said this was because the recently passed California AB1955 bill "and the many others that preceded it, attacking both families and companies". [ 96 ]
Musk started buying shares of Twitter, which he later renamed X, in early 2022. By mid-March, he'd acquired ownership of more than 5% of the company's outstanding stock, according to the SEC filing.