A recent investigation has revealed that a company connected to Russian oligarchs’ sons is among the shareholders of X, a social media platform owned by Elon Musk. This discovery has raised concerns about Moscow’s influence in the technology sector. The information came to light when former investors of X sued the company for unpaid salaries, prompting the disclosure of its shareholders.
To further uncover the shareholders’ identities, a court order was issued in response to a request from the Committee to Protect Press Freedom. The revealed list included names like Jack Dorsey, Prince Al-Walid bin Talal bin Abdulaziz al-Saud, and investment firms 8VC and Andreessen Horowitz.
8VC, in particular, has ties to Russian oligarchs, sparking questions about Russian influence in Western financial circles. Despite these connections, 8VC’s founder, Joe Lonsdale, asserts that the sons are not involved in their fathers’ businesses or political dealings. This situation adds another layer of complexity to the already controversial figure of Musk, who now faces scrutiny for his indirect association with Russian interests.
As Western countries aim to limit the reach of Russian oligarchs, this new revelation about X and its shareholders only adds to the confusion surrounding the platform and its connections.
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