Judge Orders Unsealing of Elon Musk’s X Corp.’s Shareholder List, Revealing Significant Backers

A federal judge has ordered the unsealing of a previously redacted shareholder list for the parent company of Elon Musk’s X Corp., shedding light on the entities and individuals who backed Musk’s $44 billion takeover of the social media giant formerly known as Twitter. In an Aug. 21 order, U.S. District Judge Susan Illston granted a motion filed in July by freelance journalist Jacob Silverman, who sought to intervene in an unrelated lawsuit brought against Musk by former Twitter employees, in which X Corp. filed a redacted shareholder list. Silverman’s motion to intervene in the case aimed to get the X Corp. investor list unsealed. In this effort, he was backed by attorneys from the nonprofit Reporters Committee for Freedom of the Press, which argued in the filing that unsealing the shareholder list was in the public’s best interest....