Nonilex

On the #xAI purchase of #X (#Twitter)

Because both companies are privately held & controlled by #Musk, the transaction likely amounts to a #stock swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms #AndreessenHorowitz & #SequoiaCapital, as well as #Fidelity Management, #VyCapital & #SaudiArabia’s Kingdom Holding Co.

#law #securities #SEC
cnbc.com/2025/03/28/elon-musk-

Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

In a social media post on Friday, Elon Musk said his…

CNBC
apfeltalk :verified:

Elon Musks X strebt neue Finanzierung bei 44-Milliarden-Dollar-Bewertung an
X, das ehemalige Twitter, plant eine neue Finanzierungsrunde und will dabei eine Bewertung von 44 Milliarden Dollarerzielen – genau
apfeltalk.de/magazin/news/elon
#News #Tellerrand #AndreessenHorowitz #ElonMusk #Investoren #MorganStanley #SequoiaCapital #SocialMedia #SpaceX #TrumpAdministration #Twitterbernahme #XFinanzierung #xAI

Nonilex

One week earlier, #Trump was #convicted of 34 #felony counts of falsifying business records to suppress a sex scandal. The day the verdict came down, #ShaunMaguire, a #SiliconValley #VC from #SequoiaCapital, announced…that he was giving $300k to Trump. But the real money was about to flow. The cheapest ticket to the fundraiser was $50k, & it was $300k to attend a smaller dinner w/Trump after the reception. The money would go directly to the campaign via Trump’s joint fund-raising cmte w/the #RNC

Jeffrey Phillips

@TheSean @unusual_whales I checked out her Twitter, and she's landing comfortably at #SequoiaCapital, where all rich tech bros go to grow and lose their fortunes backing the next round of bad ideas.