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Elon Musk Reveals Kremlin-Linked Shareholders Petr Aven and Vadim Moshkovich in Twitter Purchase

Aug 24, 2024, 01:35 PM

Elon Musk has disclosed the list of shareholders of X Holding Corp, the entity used to purchase Twitter. Among the shareholders are Russian billionaires Petr Aven and Vadim Moshkovich, both of whom are close to Russian President Vladimir Putin and have been sanctioned due to Russia's invasion of Ukraine. A federal court ruling required the disclosure, revealing that 8 VC, where the sons of Aven and Moshkovich work, is also an investor. The involvement of Kremlin-linked shareholders has raised concerns about potential influence over the platform, particularly as Ukrainian accounts report reduced engagement and shadow bans since Musk's takeover.