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In line with studies, sources near the leisure mogul affirm that Diddy was one of many buyers that aided Musk in securing possession of the social media platform. The Tesla founder and CEO agreed to buy Twitter for $44 billion and the deal was finalized on Oct. 28 after an prolonged back-and-forth within the courts.
Diddy’s funding is believed to be estimated at $10 million. His stake consists of him in a diverse group of buyers which moreover Wall Road banking companies, reportedly additionally consists of Twitter co-founder Jack Dorsey and Prince Alwaleed bin Talal of Saudi Arabia. The latter’s involvement has already triggered great concern amongst some within the federal authorities who really feel it poses an important safety threat.
As for Diddy, his involvement is a part of an even bigger technique to have extra Black folks on the tables of business. The identical sources declare that he has a agency perception within the imaginative and prescient Musk has for the corporate, however that has but to be totally detailed by him every week after his acquisition. The budding partnership was revealed as 4 textual content messages between the 2 have been disclosed as a part of the invention section of Musk’s authorized wrangling with Twitter in Might.
The 2 do appear to get alongside, as they have been hanging out just a few seats from one another within the entrance row of Dave Chappelle’s present on the Hollywood Bowl in Might – the identical present the place the comic was attacked by somebody who jumped on the stage. Additionally they have been a part of the group of celebrities who took in Ye aka Kanye West’s Donda 2 live performance expertise in February. It stays to be seen if Diddy will make any public statements given Musk’s latest mishaps since taking on, which embrace introducing funds for verification and the rise of racial slurs by customers on the platform.