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The Times of India
The Times of India
Business
TIMESOFINDIA.COM

Twitter shareholder Saudi Prince rejects Elon Musk's offer; Tesla chief reacts

Elon Musk Twitter Inc. Tesla Inc. Alwaleed bin Talal New Delhi

NEW DELHI: Saudi Prince Alwaleed bin Talal, who owns a major stake in social media platform Twitter, rejected Elon Musk's offer to acquire 100 per cent stake in company at $43 billion.

Taking to Twitter, the Saudi Prince wrote: "Being one of the largest & long-term shareholders of Twitter, Kingdom Holding Company & I reject this offer."

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