Saudi Prince Rejects Elon Musk’s Twitter Take-Over Bid, Elon Attacks Saudi Arabia’s Hatred of Free Speech

Saudi Prince Alwaleed bin Talal Al Saud, a billionaire who is also one of Twitter’s largest shareholders, tweeted that he will vote to reject Elon Musk’s $41 billion all-cash bid for the company — leading Musk to question Saudi Arabia’s commitment to free speech.

“I don’t believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects,” the prince tweeted on Thursday.

“Being one of the largest & long-term shareholders of Twitter, @Kingdom_KHC & I reject this offer.”

Hours later, Musk responded with what seemed to be a jab at Saudi Arabia’s free speech and human rights record.

“Interesting. Just two questions, if I may,” Musk replied to the prince. “How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom’s views on journalistic freedom of speech?” (Read more from “Saudi Prince Rejects Elon Musk’s Twitter Take-Over Bid, Elon Attacks Saudi Arabia’s Hatred of Free Speech” HERE)

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