Newly launched authorized paperwork reveal an sudden connection between Sean Combs and Elon Musk, two of probably the most influential figures in enterprise and leisure. In response to TMZ, the Dangerous Boy Leisure CEO was one of many traders who helped Musk purchase Twitter (now renamed X) for a staggering $44 billion in 2022.
The submitting launched Wednesday lists almost 100 entities as shareholders within the platform. Diddy’s involvement is named “Sean Combs Capital, LLC” and different notable names embrace hedge fund billionaire Invoice Ackman, Saudi Arabian Prince Al Waleed bin Talal Al Saud and Twitter’s authentic founder Jack Dorsey.
Whereas the precise quantity Diddy invested within the platform is unclear, the revelation comes because the music mogul faces critical authorized bother. As soon as a dominant power within the music business, Diddy is now embroiled in intercourse trafficking and sexual assault accusations which have forged a shadow on his as soon as stellar status.
The disclosure of the listing follows a movement by unbiased expertise journalist Jacob Silverman, who sought transparency on the matter within the public curiosity. The reveal of the shareholder listing additionally coincides with an ongoing authorized battle between former Twitter workers and the corporate, who declare the corporate violated their arbitration settlement after Musk took over.
Diddy and Musk’s relationship is not totally new, as the 2 had been noticed showing collectively on a 2022 episode of Dave Chappelle’s comedy present. The extent of the monetary involvement has solely now come to mild.
As of August 2024, it was unclear which of those traders nonetheless held shares within the firm. Each males have lived by way of turbulent instances — Musk confronted the problem of rebranding X, whereas Diddy confronted authorized troubles — and this revelation provides one other layer of complexity to their public narratives.
