“I don’t think Elon Musk’s offer is even close to the intrinsic value of Twitter, especially given its growth prospects.
As one of Twitter’s largest and longest-serving shareholders, Kingdom Holding Company and I are rejecting this offer, “said Al Waleed bin Talal of Saudi Arabia. Saudi billionaire and one of Twitter’s largest shareholders, according to Digi24.
– الوليد بن طلال (@Alwaleed_Talal) April 14, 2022
– الوليد بن طلال (@Alwaleed_Talal) October 7, 2015
Elon Musk’s reply
Elon Musk later responded with an ironic message, asking “what are the Kingdom’s positions on freedom of expression?”
Interesting. Just two questions, if I may.
How much of Twitter does the Kingdom own, directly & indirectly?
What are the Kingdom’s views on journalistic freedom of speech?
– Elon Musk (@elonmusk) April 14, 2022
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