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Sam Bankman-Fried Was Reported to Own a $100 Million Stake in Twitter, Elon Musk Says That's a Lie

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A spat between Elon Musk and a Sam Bankman-Fried-funded global news organization unfolded over Twitter as Musk branded Semafor’s reporting as lies.

“As I said, neither I nor Twitter have taken any investment from SBF/FTX. Your article is a lie,” Musk said, in response to Semafor Editor-in-Chief Ben Smith in a Twitter thread.

Prompting the criticism from Musk is a Semafor report that said Bankman-Fried “contributed $100 million in stock towards the now-private Twitter,” citing previously unreported texts between the two.  Musk openly criticized Semafor over the coverage and said Semafor is owned by Bankman-Fried, which he called “a massive conflict of interest.”

Musk refuted any claims that Bankman-Fried owns shares in Twitter. “No. He may have owned shares in Twitter as a public company, but he certainly does not own shares in Twitter as a private company,” Musk said.

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