Elon Musk Ordered to Reveal Shareholders of X (Formerly Twitter)

  • Crypto commentator Jacob Silverman convinces judge to order Elon Musk to reveal X shareholders.
  • Silverman believes public should know who owns important site for public discourse.
  • Judge rules in favor of Silverman's request for public disclosure.
  • List of Twitter shareholders to be revealed for public interest in understanding judicial process.
  • Silverman critical of Musk's acquisition negotiations and believes he wants to influence political outcomes.
  • Silverman curious about foreign interests who may have owned equity in Twitter.

Summary :
A US district judge has ordered Elon Musk to reveal the shareholders of X (formerly Twitter) following a request from crypto commentator and author Jacob Silverman. Silverman intervened in a California legal dispute involving Musk's actions in taking the platform private and argued that the public should know who owns an important site for public discourse. The judge ruled in Silverman's favor, stating that the list of shareholders does not contain any scandalous information or trade secrets and should be disclosed for the public's interest in understanding the judicial process. This will be the first time the names of all major equity owners of the company when Musk acquired it will be revealed. Silverman has been critical of Musk's acquisition negotiations with Twitter and believes that Musk bought the platform to empower Republicans and techno-capitalists. He is also curious about foreign interests that may have owned equity in Twitter and influenced Musk in his going-private bids.

Sources :

- Protos