A federal judge ordered the unsealing of X Corp's investors by September 4, 2024. The list was filed with NDCAL last year and a judge agreed to unseal it on behalf of journalists. The list of investors in X Corp is not currently public.
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The absolutely hilarious part about all of this is that this was a complete self-own by Musk's lawyers. They were attempting to maneuver around claims for not paying out severance for employees after layoffs. They removed the case from state court to federal court.
Federal court requires filing of a corporate disclosure statement. Plaintiffs specifically asked the court to force X Corp to file their list of investors. The court did so and allowed it under seal. The case was then remanded back to state court for lack of federal jurisdiction.
So X removed the case to federal court only for it to get remanded back down to state court and the only actual thing that happened was filing their disclosure statement. Journalists intervened to unseal the disclosure and now it must be unsealed.
TLDR: Musk's lawyers messed up so badly trying to maneuver an employmee severance case they just got X Corp's cap table ordered to be unsealed.
Courtlistener link here. storage.courtlistener.com/recap/gov.usco…
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