Elon Musk claps again as Saudi prince talks about possible acquisition of Twitter

Tesla CEO Elon Musk Saudi Arabian billionaire Prince Alawaleed bin Talal has applauded following his rejection of his offer to buy Twitter for $ 43 billion.

“I do not believe the offer offered by elonmusk ($ 54.20) will come close to உள்ளார்Twitter’s inherent value,” Alavid tweeted on Thursday. “As one of Twitter’s largest and longest-serving partners, [Kingdom Holding Company] & I turn down this offer. “

Elon Musk’s quest for justice wins Twitter partners

Alawite has a 4.45% stake. Share on TwitterKingdom Holding, a company owned by him, owns 0.72% of the company.

Elon Musk gestures during a press conference on February 10, 2022, at SpaceX’s Starbase facility near the village of Boca Chica, South Texas. (Photo by Jim Watson / AFP via Getty Images / Getty Images)

“Interesting,” Musk responded with a chuckle on Twitter. “Two questions, if I can. To what extent does the Kingdom of Twitter belong directly and indirectly? What are the government’s views on press freedom of expression?”

Saudi Arabia’s law does not provide for freedom of expression or freedom of the press, nor the US State Department Reported In 2018.

The Basic Law states that “the mass media and all other means of expression must use civil and dignified language, contribute to the education of the nation, and strengthen solidarity.” “The media is barred from activities that could lead to disruption and secession, harm the security of the state or its public relations, or undermine human dignity and rights.”

Authorities will be responsible for regulating and determining which speech or expression undermines internal security, and may ban or suspend the media if the press decides that the press and publications are in violation of the law.

Biden Administration Assorted A report last year accused Saudi Arabia’s Crown Prince Mohammed bin Salman of plotting to capture or assassinate journalist and dissident Jamal Kashoki.

This long-exposure image shows a group of SpaceX’s Starling satellites passing through Uruguay on February 7, 2021, as seen from the countryside, about 185 km north of Montevideo, near the Florida Department, Capilla del Sass. (Photo by MARIANA SUAREZ / AFP via GETty Images / Getty Images)

The judiciary has indicted two former Twitter employees in 2019 Spying for Saudi Arabia In order to target critics of the regime. When podcaster Alex Barreto brought this to Musk’s attention, he expressed his interest in the story.

Musk’s moves on Twitter have raised the company’s share price.

Click here to read more about Fox Business

According to the Dow Jones Market Data Group, when he revealed his 9.2% stake in the social media company this month, its market value reached $ 40 billion, up from $ 29.9 billion when he first unknowingly started loading shares on January 31st. For the investing public.

Leave a Reply

Your email address will not be published. Required fields are marked *