
Investments
17Latest COMPANY X News
Sep 10, 2023
Elon Musk. Photo: Reuters. Elon Musk returned to the eye of the storm after his company X (previously called Twitter) sue the state of California (United States) by a law that requires make public internal policies of social networks in a battle to reduce the harassment, hatredthe disinformation and by eliminate sexual abuse of minors. The American communications company acquired by the South African businessman argued that the rule enacted in September 2022 violates the protection of the first constitutional amendment: he right to free expression of ideasan action that said state considers “harmful or offensive“. Elon Musk sued California for the policies applied to his social network X. Photo: Reuters. In its legal document, company X considered that the real objective of the standard, known as ‘AB 587‘and originated after the assault on the Capitol by supporters of Donald Trump in January 2021, it is “eliminate“first amendment content that may be considered problematic. “The topics on which the law forces people to speak against their will are highly controversial and politically charged,” the document noted. And he continued with his argument: “Social networks are frequently criticized, no matter what they doby individuals on both sides, Democrats and Republicans, by editorial decisions that may put you in these ill-defined categories.” It may interest you: Unexpected participant: Elon Musk assured that he prevented a Ukrainian attack on a Russian fleet in 2022 The requirements of the law Starting next January, technology companies must deliver detailed reports to the Prosecutor’s Office where they make public the measures they take to moderate online debate. This action requires communicating whether surveillance is in charge of the artificial intelligence or how to proceed in the face of offenses or threats. Elon Musk moved his Tesla headquarters from Palo Alto (California) to Texas in 2021. Photo: Reuters. The United States Government warned that companies that do not comply with these requirements may be fined financially. For years, the South African tycoon has maintained a tense pulse with California, a bastion of progressive policies. Precisely because of this, he moved the headquarters of Tesla from Palo Alto a Texas in 2021 and, since then, whenever he can he criticizes the high taxes that is in that state.
COMPANY X Investments
17 Investments
COMPANY X has made 17 investments. Their latest investment was in Over the Hand as part of their Seed VC on October 10, 2023.

COMPANY X Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/12/2023 | Seed VC | Over the Hand | Yes | 2 | ||
11/25/2021 | Seed VC | Orange Football Network | Yes | 1 | ||
Other Investors | Flymeal | Yes | ||||
Other Investors | ||||||
Other Investors |
Date | 10/12/2023 | 11/25/2021 | |||
---|---|---|---|---|---|
Round | Seed VC | Seed VC | Other Investors | Other Investors | Other Investors |
Company | Over the Hand | Orange Football Network | Flymeal | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 |
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