Elon Musk faces off with Saudi Prince Talal over Twitter sale - News Summed Up

Elon Musk faces off with Saudi Prince Talal over Twitter sale


The Tesla owner has questioned Saudi Arabia’s role in the tech company after the prince ‘rejects’ the proposed deal. Elon Musk has questioned Saudi Arabia’s role in Twitter Inc after Saudi Arabia’s Prince Alwaleed bin Talal tweeted his opposition to the billionaire entrepreneur’s offer to buy the social media company. “Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer,” the prince said, referring to the Saudi Arabia-based Kingdom Holding Company, which he owns. Musk, who owns 9.2 percent of Twitter, responded to the tweet, asking how much of Twitter, directly and indirectly, was owned by Saudi Arabia. Here’s what happens to young aid workers in Saudi Arabia when they make satirical Twitter accounts,” the group wrote.


Source: New York Times April 15, 2022 10:09 UTC



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