US judge to force Elon Musk to disclose X's complete ownership structure

Musk’s legal team tried to keep the ownership details confidential, arguing that X Holdings routinely keeps its ownership information private and considers it confidential. However, the judge wasn’t convinced by these arguments Musk, who bought Twitter in 2022 for $44 billion and subsequently rebranded it as X, has kept the specific details of his company’s ownership largely under wraps for unknown reasons. Image Credit: AFP Elon Musk is facing a legal push to reveal the full ownership structure of X Holdings, the parent company behind the X platform and his AI startup, xAI. Musk, who bought Twitter in 2022 for $44 billion and subsequently rebranded it as X, has kept the specific details of his company’s ownership largely under wraps for unknown reasons.