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X owner and Tesla CEO Elon Musk has been sued by the SEC over a failure to make timely disclosures related to his purchase of stock in Twitter. ... Musk filed a 13G beneficial ownership report ...
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 ...
The US Securities and Exchange Commission sued Elon Musk on Tuesday for failing to properly disclose his ownership of X, then known as Twitter, which allowed him to buy shares of the platform at ...
Previously, high-profile investors like Fidelity have been connected with X, most notably because the investment vehicle's filings implied a 72% drop in the company's value since Musk took it over.
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 Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and United States special Government employee known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. He is also known for his ownership of the social media service X and his role in the founding of the Boring Company, xAI ...
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.
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.