On Thursday, several hours after Musk announced his "final offer" to buy Twitter outright, the Saudi Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Fifteen of the nineteen WTC hijackers were Saudis, and most major jihadi commanders were Saudis, to include Osama bin Laden. Crown Prince Mohammed bin Salman quietly folded that tent in 2016, doing terrible things to the guys running it, and has since been dragging the kingdom into the current century...n Prince Al Waleed bin Talal Al Saud responded that the offer was not acceptable to him. Al Waleed purchased a 5.2 percent stake in the company in 2015, and if it is assumed that he has retained these shares, he would count among Twitter’s largest shareholders (it has been reported that Al Waleed sold many of his shares in the subsequent years).
"I don’t believe that the proposed offer by @elonmusk ($54.20) comes close to the intrinsic value of @Twitter given its growth prospects," said Al Waleed in a tweet. "Being one of the largest & long-term shareholders of Twitter @Kingdom_KHC & I reject this offer."
Musk retorted on Twitter, implicitly criticizing the Saudi Arabian government and alleging that Waleed’s rejection was political in nature.
"Interesting. Just two questions, if I may," said Musk in response. "How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom’s views on journalistic freedom of speech?"