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International Business Times
International Business Times
Business
Marvie Basilan

Unsealed Court Filing Unmasks Crypto Giants That Backed Elon Musk's Twitter Takeover

Who are the companies and people that helped Elon Musk secure the funds needed for his Twitter buyout in 2022? (Credit: AFP)

KEY POINTS

  • Among the most notable shareholders in the list is Prince Alwaleed bin Talal al Saud of Saudi Arabia
  • Funds under Andreessen Horowitz, Fidelity, and ARK Invest are also listed as shareholders
  • Notably, a subsidiary of crypto exchange giant Binance is also included in the list

The world watched the chaotic takeover of Twitter (now called X) late in 2022 as tech magnate Elon Musk went back-and-forth with the social media platform before he finally became its owner. An unsealed court document listed the "owners/shareholders" of X Holdings Corp., and some of them are key figures and entities in the cryptocurrency realm.

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