musk twitter purchase

Chinese Communist Party-Linked Companies Amongst Investors In Elon Musk’s Twitter Purchase.

Some of Musk’s institutional sponsors are hardly connected to free speech warriors. In fact, quite the opposite.

Start

Chinese Communist Party-linked companies and investment funds are listed amongst the financiers of Elon Musk’s bid to purchase Twitter, a new Securities and Exchange Commission document reveals.

The revelation comes from a May 4th amendment filed by Musk which shows over one dozen equity investors – either people or companies funding his purchase in exchange for a share of ownership – in Twitter.

“Each Equity Investor listed in the following table has committed to contribute to Parent […] cash in the amount set forth opposite such Equity Investor’s name in the following table in order to fund a portion of the Merger Consideration contemplated by the Merger Agreement,” explains the document before revealing the following investors:

Equity Investors.

Among the companies providing billions in investment is the Chinese Communist Party-linked cryptocurrency exchange platform Binance, whose aggregate equity commitment totals $500,000,000.

Founded by Changpeng Zhao, a Chinese-Canadian business executive, Binance retains partnerships with Chinese state-owned entities, as revealed in a 2020 press release:

Binance China Blockchain Institute, the research institute part of the world’s leading blockchain and cryptocurrency infrastructure provider Binance, today announced a strategic partnership with Zhongshang Beidou Supply Chain Management Group (Zhongshang Beidou), a state-level model enterprise for supply chain innovation and application established by (China) Commercial Network Construction Development Center under the State-Owned Assets Supervision and Administration Commission of the State Council (SASAC).

Binance also participates in China’s exploitative Belt and Road Initiative alongside several state-owned enterprises:

Binance China Blockchain Institute joined the United Nations Global Compact (UNGC) as a high-level United States (UN) partner on June 16, 2020, aiming to facilitate China’s “Belt & Road Initiative” and promote sustainable development. Other UNGC members are 15 leading enterprises and institutional partners in China, including China Development Bank, Sinopec and the State Grid Corporation of China. 

Individuals who list themselves as Directors and Managers at Binance also have a history of working for Chinese state-run media, state-run universities, the Chinese Communist Party’s State Council, and Tencent.

MUST READ:  Yes, The White House's 'Dark Brandon' Memes Contain Nazi Imagery With CCP Influences.

Another Twitter investor, Sequoia Capital – which contributed $800,000,000 – also has deep Chinese Communist Party links through its personnel and companies it funds.

Sequoia Capital China founder Neil Shen has attended high-level Chinese Communist Party strategy meetings, and his fund backs companies including TikTok parent company ByteDance, sanctioned Chinese drone maker DJI, and controversial genomics firm BGI, which has been accused by U.S. intelligence officials of trying to steal Americans’ personal genetic information.

Alibaba and Ant Financial, which play a key role in the regime’s “social credit” score system and vaccine passport platform, are also included in Sequoia China’s portfolio.

While Musk has pledged to reform Twitter to protect free speech, the inclusion of investors with ties to foreign countries which lack any semblance of free speech raises concern about Musk’s pledge materializing.

Other foreign countries, including Qatar and Saudi Arabia, are also represented in Musk’s Twitter deal. Qatar Holding LLC, a subsidiary of the state-owned Qatar Investment Authority, committed $375,000,000 to the deal.

Another equity investor, Saudi Arabian Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, pledged nearly 35,000,000 shares, valued at 54.20 per share, “in order to retain an equity investment in Twitter following completion of the Merger in lieu of receiving Merger Consideration in the Merger.”


Natalie Winters

Natalie Winters is the Lead Investigative Reporter at the National Pulse and co-host of The National Pulse podcast.

Raheem Kassam

Keep up with us, as social media firms crack down.

The Silicon Valley corporations keep banning or shadow-banning us, so we've deployed a new way for you to keep up to speed on the real news and investigations that concern you, your families, your communities, and your nation.

Thank you for being here with us, and for your ongoing support.

Raheem Kassam
Editor-in-Chief

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

The National Pulse. will use the information you provide on this form to be in touch with you and to provide updates and marketing.