Musk would make an excellent leader for Twitter

RIYADH – Saudi Arabian investor Prince Alwaleed bin Talal said Thursday that billionaire Elon Musk would be a “very good leader” for Twitter, as he agreed to put his $1.89 billion stake in the deal rather than cashing in on it.

Prince Alwaleed on April 14 challenged the buyout offer, saying the price offered by the world’s richest man Elon Musk was nowhere near Twitter’s intrinsic value given its growth prospects.

But on Thursday, he said in a tweet, happy to connect with Musk’s “new friend”.

Read also: Stabbings Color Israel’s Independence Day Commemoration, 3 Killed

“I believe you will be an excellent leader for Twitter to push and maximize its enormous potential,” Alwaleed said in a tweet in response to Kingdom Holding and Musk.

Read also: Kremlin Explains Real Situation at Azovstal Factory

“Kingdom Holding Company and I look forward to launching our $1.9 billion ‘new’ Twitter and joining you on this exciting journey.”

Read also: Pope Francis: NATO May Have Provoked Russia over Ukraine

Kingdom Holding did not respond to a Reuters request for further comment.

–