Elon Musk's company X has made waves by unveiling its complete list of shareholders as of June 2023. This revelation comes after a court order compelled the disclosure, adding a new layer of transparency to Musk's ambitious venture to privatize the social media platform formerly Twitter.

High-Profile Investors

The list is a who's who of the tech and financial world. Among the notable investors are venture capital heavyweights like Andreessen Horowitz, Draper Fisher Jurvetson, and Sequoia Capital. These firms had previously backed Musk's acquisition efforts, signaling strong confidence in his vision for X.

Binance on List of X Shareholders

Also on the list are Oracle co-founder Larry Ellison and cryptocurrency giant Binance. Their inclusion highlights the diverse financial backing behind Musk's initiatives.

Surprisingly, names like Sean 'Diddy' Combs through Sean Combs Capital also appear to have an involvement that was lesser known until a report by the Daily Mail.

Adding to the intrigue is Bill Ackman, the activist investor famous for his critiques of institutional practices at Ivy League schools.

Ackman has invested via the Pershing Square Foundation. Another significant name is Joe Lonsdale's 8VC, a firm with alleged connections to Russian oligarchs.

Transitioning Stakes

Noteworthy shareholders include Twitter co-founder Jack Dorsey and Saudi Prince Alwaleed bin Talal al Saud. Both transitioned their original Twitter investments into stakes in X following Musk's takeover, adding another layer of complexity to the shareholder mix.

The details of this shareholder list were officially documented in a court filing on June 9, 2023.

However, this week, the information only became public following a legal motion by the Reporters Committee for Freedom of the Press, advocating for journalist Jacob Silverman.

"It's a great starting point for journalists, researchers, regulators, activists, and anyone else who wants to know what's going on behind the scenes of this important company," said Silverman in a blog post.

Binance Eyes Global Expansion

In a related development, Binance has been making significant strides in its global expansion. In May, the Financial Intelligence Unit of India (FIU-IND) revealed that Binance had successfully registered with the regulatory body, marking its return to the country after some regulatory hurdles.

Prior to that, Binance secured a license from Dubai's regulator, VARA, allowing the platform to serve retail clients as well as qualified and institutional ones.

According to Bloomberg, this licensing process involved Binance's founder and former CEO, Changpeng Zhao, relinquishing voting control of the Dubai unit.

Furthermore, earlier this year, Binance unveiled its joint venture crypto exchange Binance Thailand in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development. Binance Thailand, abbreviated as Binance TH, provides a platform for digital asset exchange services with Thai baht trading pairs.

It is worth noting that Binance has faced increasing regulatory scrutiny worldwide. Last year, the Commodity Futures Trading Commission (CFTC) filed charges against Binance for allegedly operating an illegal digital asset derivatives exchange and evading federal laws.

Similarly, the US Securities and Exchange Commission charged Binance Holdings LTD and ex-CEO Changpeng Zhao (CZ) for allegedly operating unregistered exchanges, broker exchanges, clearing houses, and the unregistered offer and sale of securities.